澳大利亚制造业部门在2025年10月萎缩,原因是需求和产出下降,裁员和成本上升。 Australia's manufacturing sector shrank in October 2025 due to falling demand and output, with job cuts and rising costs.

澳大利亚制造业部门于2025年10月萎缩,塞普全球PMI从9月的51.4下降到49.7,标志着2024年12月以来首次下降。 Australia's manufacturing sector contracted in October 2025, with the S&P Global PMI falling to 49.7 from 51.4 in September, marking the first decline since December 2024. 下降的原因是国内和国际需求疲软,新订单下降,以及商业信心下降。 The drop was driven by weaker domestic and international demand, falling new orders, and reduced business confidence. 八个月来,企业首次裁员,表明劳动力市场疲软。 Firms cut staff for the first time in eight months, signaling labor market weakness. 尽管产出物价通胀有所缓和,但投入成本的上升在激烈竞争中使利润率受到压力。 Despite easing output price inflation, rising input costs pressured margins amid intense competition. 持续的核心通货膨胀抑制了对澳大利亚储备银行进一步削减利率的期望,而全球贸易紧张和地缘政治风险则助长了谨慎的前景。 Persistent core inflation has dampened expectations for further Reserve Bank of Australia rate cuts, while global trade tensions and geopolitical risks contributed to a cautious outlook.