Australia's Food & Beverage Sector Maintains Strong Growth, an Industrial Info Market Brief

The Australian Industry Group's (AIG) Performance of Manufacturing Index (PMI) rose by 1.6 points to 54.7 points in September, indicating faster growth in the manufacturing sector. Among other factors, the rise was driven by continued strength in the Food & Beverages sector, according to the AIG. The sector employed 237,000 people in August, making up 27% of manufacturing employment.

Industrial Info is tracking food and beverages projects worth $2.88 billion in Australia, along with 923 operational plants.