Australia's September PMI falls to 44.1 from 45.3 previously, the decline led by New Orders...

|By:, SA News Editor
Australia's September PMI falls to 44.1 from 45.3 previously, the decline led by New Orders dropping 4.8 points to 44.3. Input prices remain in expansion territory at 57.1, while output prices accelerate their decline at 41.2 - not good for corporate profits. The ASX 200 goes slightly red after an early 0.5% gain. The aussie is at session lows, -0.5% and buying $1.0330.