The manufacturing sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 49.1.
That's up from 48.1 in March, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual categories of the survey, production (47.0), employment (47.8) and new orders (49.8) continued to contract, while deliveries (51.5) and finished stocks (52.5) expanded.
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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.