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Asian Economic News

New Zealand Manufacturing Sector Slows In April - Business NZ

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The manufacturing sector in New Zealand continued to expand in April, albeit at a slower pace, the latest survey from Business NZ showed on Friday with a Performance of Manufacturing Index score of 56.8.

That's down from 57.8 in March, although it remains well above the boom-or-bust line of 50 that separates expansion and contraction.

Individually, production, employment, new orders, finished stocks and deliveries all continued to expand.

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