Growth in New Zealand's manufacturing sector improved in April amid continued momentum in new orders, a survey by Bank of New Zealand and BusinessNZ showed Thursday.
The seasonally adjusted performance of manufacturing index rose to 54.5 in April from 53.4 in March. Readings above 50 indicates expansion in activity.
"Results over the last four months provide a regular pattern of growth, which has been assisted by strong activity for new orders, both domestic and offshore," BusinessNZ's executive director for manufacturing Catherine Beard said.
New orders index jumped to 59.4 in April from 55.6 in March. The production index climbed to 55.3 from 53 in the previous month.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.