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BofA Sees "More 'Stag', More 'Flation'" In US Forecasts

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     SYDNEY (MNI)  - From Australia Industry Group's Performance of
Manufacturing Index for September published Monday:
                          September  Change from August
Australian PMI                 59.0                +2.3
Production                     58.7                +1.5
New Orders                     62.6                +3.0
Employment                     58.1                +4.8
Inventories                    53.7                +2.6
Supplier Deliveries            57.2                -1.1
Exports                        58.9                +0.5
Sales                          57.6                -3.1
Average Wages                  69.3                +4.6
Input Prices                   78.3                +0.9
Selling Prices                 56.2                -1.9
Capacity Utilization (%)       78.9                +1.4
--MNI Sydney Bureau; tel: +61 2-9716-5467; email:

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