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New Zealand manufacturing PMI for August 46.1 (prior 46.3)

BusinessNZ Performance of Manufacturing Index (PMI) is mired well under its longer run average of 53.0.BusinessNZ’s Director, Advocacy Catherine Beard: “While the key sub-index components of New Orders (46.6) and Production (43.9) improved slightly from July, the trend since March has seen them all but entrenched in contraction. Any movement towards overall expansion in the sector needs to see a sustained lift above 50.0 for both of these key PMI components. Again, only Finished Stocks (52.1) r... Read More

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Content Topics

Zealand

Manufacturing

August

46 Prior

prior

Forex

Posted: Sep 14 2023, 22:31

Author Name: forexlive

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