BNZ Performance of Manufacturing Index for New Zealand edged higher in August, rising from 44.4 to 45.8. Despite the improvement, the sector remains in deep contraction, well below its long-term average of 52.6, marking the 18th consecutive month of declining activity. A closer look at the data reveals that production increased from 44.2 to 46.3, […]
The post NZ BNZ manufacturing rises to 45.8, 18th month of contraction appeared first on Action Forex.
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