The manufacturing sector in New Zealand continued to expand in May, and at a faster rate, the latest survey from Business NZ showed on Friday with a Performance of Manufacturing Index score of 58.5.
That's up from 56.9 in April, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
It marks the highest score since January 2016.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.