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New Zealand Manufacturing PMI Falls Into Contraction - Business NZ

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

The manufacturing sector in New Zealand swung into contraction territory in July, the latest survey from Business NZ revealed on Friday with a Manufacturing PMI score of 48.2.That's down sharply from 51.1 in June, and it slips beneath the boom-or-bust line of 50 that separates expansion from contraction.It also represents the survey's lowest score since August 2012.Individually, deliveries, employ...

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