Big jump for the Australian March Manufacturing PMI, final comes in at 52.1 (prior 50.4)

Australia S&P Global PMI Manufacturing Marcah 2025, final: 52.1

• preliminary was 52.6
• prior was 50.4

Commentary from the Caixin report:

• “March’s manufacturing PMI data brought positive
  news with indications of the strongest improvement
  in manufacturing sector conditions in nearly twoand-a-half years. The latest expansions of goods new
  orders and output represented a nascent recovery of
  the sector. That said, some forward-looking indicators
  brought conflicting signals regarding growth in the
  coming months with the level of business confidence
  notably having eased in March.
• “Overall, it was encouraging to see the rise in demand
  driving the fastest rise in employment in two years. Firms
  were also seen willing to backfill positions that were
  left empty previously in anticipation of higher future
  production. Additionally, restocking at manufacturers
  were also observed in the latest survey period.
  “Turning to prices, the reduction in selling price inflation
  is a positive development, but the squeeze on margins
  amid another steep rise in input prices will need to be
  monitored.”

This article was written by Eamonn Sheridan at www.forexlive.com.