NZ PMI Manufacturing Cools to 54.3 After June Surge, Expansion Holds

New Zealand manufacturing remained firmly in expansion in July, though momentum moderated after June’s exceptional surge. BusinessNZ PMI Manufacturing fell from 60.1 to 54.3, still comfortably above 50 expansion threshold and long-term average of 52.5. All five sub-indices remained above 50, with Production easing from 59.2 to 57.3, Deliveries from 57.6 to 55.8, Employment from […]

The post NZ PMI Manufacturing Cools to 54.3 After June Surge, Expansion Holds appeared first on ActionForex.