New Zealand’s BusinessNZ Performance of Manufacturing Index dropped from 48.8 to 47.2 in May, marking the sector’s 15th consecutive month of contraction. Looking as some details, production plummeted from 50.3 to 44.5, indicating a sharp return to contraction. Employment showed a slight decline from 50.9 to 50.6. New orders fell further from 45.4 to 44.4, […]
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