BNZ – BusinessNZ Efficiency of Manufacturing Index (PMI) nonetheless in contraction, one other decline in exercise throughout April.
beneath the long-term common exercise fee of 53.0
BNZ Senior Economist, Doug Metal touch upon the report:
- “New Zealand’s PMI could also be gentle, however it’s broadly according to the 49.6 studying for the worldwide equal in April. The latter displays sub-50 readings to varied levels in every of the US, EU, UK, Australia, Japan, and China”.
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