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NZ BNZ PMI ticked up to 48.9, staying in relatively tight band of contraction

NZ BNZ PMI ticked up to 48.9, staying in relatively tight band of contraction
New Zealand BusinessNZ Performance of Manufacturing Index ticked up from 48.8 to 48.9 in May, staying well below long-term average activity rate of 53.0. Looking at some details, production dropped from 47.0 to 45.7. Employment rose from 47.7 to 49.5. New orders rose from 49.6 to 50.8. Finished stocks dropped from 52.5 to 51.5. Deliveries […] The post NZ BNZ PMI ticked up to 48.9, staying in relatively tight band of contraction appeared first on Action Forex... Read More
Posted: Jun 16 2023, 03:26
Author Name: actionforex
Views: 102117

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