New Zealand August manufacturing activity eases but stays in expansion territory

Manufacturing Growth Spreads Across The Sector

"Manufacturing has now grown for more than a year straight, and what's really encouraging is how widely that growth is spreading. More parts of the industry, and more parts of the country, are getting busier," says Mr Cameron Brewer.

New Zealand August manufacturing activity eases but stays in expansion ...

New Zealand BNZ PMI Manufacturing Slows to 53.1, but New Orders Tell a More Resilient Story - ActionForex

New Zealand’s PMI Manufacturing eased from 54.3 to 53.1 in August, remaining in expansion territory and still above the survey’s long-run average of 52.5. The slowdown was broad across several sub-indices, with production falling from 57.1 to 54.2, deliveries from 55.5 to 52.6, and employment from 52.2 to 50.0. BusinessNZ said manufacturing continued to expand, […]