New Zealand Manufacturing Hits Strongest Growth in Nearly Five Years
4 Articles
4 Articles
NZ Manufacturing Hits 5-Year High as Breman Highlights Recovery
New Zealand manufacturing expanded at the fastest pace in almost five years in June as central bank Governor Anna Breman pointed to a burgeoning economic recovery, underscoring this week’s decision to raise interest rates.
New Zealand manufacturing growth reaches five-year high as PMI surges
New Zealand's manufacturing sector recorded its strongest monthly expansion in nearly five years, with the latest BNZ–BusinessNZ Performance of Manufacturing Index (PMI) rising sharply in June, according to the New Zealand Government.
Manufacturing growth surges to five-year high
New Zealand's manufacturing sector has posted its strongest month of growth in nearly five years, with new data showing activity surging to its highest level since July 2021, Small Business and Manufacturing Minister Cameron Brewer says. The latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI) jumped to 59.7 in June, up sharply from 51.3 in May and well above the survey's long-term average of 52.5. A reading above 50.0 shows the sect…
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