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New Zealand data - BusinessNZ Manufacturing PMI for March 48.1 (prior 52)

New Zealand data, the BNZ – BusinessNZ Performance of Manufacturing Index (PMI) long-run average is around 53.March drops to 48.1prior 52.0Commentary from the report:BusinessNZ’s Director, Advocacy Catherine Beard said that the numbers behind the main March result showed the manufacturing sector facing some stiff headwinds ahead. BNZ Senior Economist, Craig Ebert stated that “disappointing as New Zealand’s March PMI was, it wasn’t especially negative in longer-term context. Neither was it much... Read More

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Zealand

Data

Businessnz

Manufacturing

March

48 Prior

prior

Forex

Posted: Apr 13 2023, 22:30

Author Name: forexlive

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