The manufacturing sector in New Zealand dropped into contraction territory in August, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.That's down from 52.8 in July and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.Individually, production (46.6), employment (49.1) and finished stocks (47.1) contra...
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.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.