New Zealand’s manufacturing index hits five-year high in June on renewed confidence

New Zealand Dollar Surges as Economic Data Fuels Rate Hike Bets

The New Zealand dollar advanced Thursday to the highest in more than two weeks after strong manufacturing data increased bets on further monetary tightening in the nation.

Manufacturing Growth Surges To Five-year High

"Manufacturing is one of the powerhouses of our economy, & right now it's running hot. This follows the sector being the single biggest driver of economic growth in the March quarter, so the momentum is real & it's building," says Mr Cameron Brewer.

New Zealand’s manufacturing index hits five-year high in June on renewed confidence

SYDNEY, July 9 (Reuters) - New Zealand's manufacturing activity rose sharply in ​June as businesses ‌reported a renewed sense of confidence amid stronger sales and fuller order books ‌despite ​the conflict ⁠in the Middle ⁠East and cost-of-living pressu...

New Zealand Manufacturing PMI Surges to Strongest Since 2021 as Orders Soar - ActionForex

New Zealand’s manufacturing sector posted a powerful recovery in June, with the BusinessNZ Performance of Manufacturing Index (PMI) jumping from 51.3 to 59.7, well above its long-run average of 52.5. The reading marked the strongest expansion since July 2021, highlighting a broad improvement in activity after the sector spent much of the past two years […] The post New Zealand Manufacturing PMI Surges to Strongest Since 2021 as Orders Soar appea…