The manufacturing sector in New Zealand continued to expand in December, and at a sharply higher pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 56.1.
That's up from the upwardly revised 51.7 in November (originally 51.4) and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
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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.