Australia's Judo Bank Composite PMI Output Index hits four-month high of 46.9 in January

Australia's Judo Bank Purchasing Managers' Index (PMI) showed a welcome rebound in the PMI Manufacturing component, hitting an 11-month high of 50.3 and helping to drag the Composite PMI Output Index to a four-month high of 48.1 versus December's print of 46.9.