The manufacturing sector continued to expand in January, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 55.2.
That's down from 56.1 in December, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components of the survey, production (56.6), employment (52.9), new orders (56.4), finished stocks (50.9) and deliveries (53.3) all were in expansion.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.