Latest Economic Data: India's Manufacturing Growth Hits 17-Month High, Australia PPI Gains 2.3% On Year In Q2

Economic news from cosmetic country, Korea Manufacturing Sector Remains Soft, The manufacturing sector in South Korea continued to contract in July, albeit at a slower pace, the latest survey from Markit Economics revealed on Friday with a PMI score of 49.3

From Sidney we reporting, Australia PPI Gains 2.3% On Year In Q2, Final demand producer prices climbed 2.3 percent on year in the second quarter of 2014, the Australian Bureau of Statistics said on Friday - slowing from the 2.5 percent increase in the previous three months    

Meanwhile, India's Manufacturing Growth Hits 17-Month High, India's manufacturing activity improved for the ninth straight month to a 17-month peak in July as companies scaled up production, survey data compiled by Markit Economics showed Friday. The HSBC manufacturing Purchasing Managers' Index rose to a 17-month high of 53 in July from 51.5 in June. A score above 50 indicates expansion in the sector