New Zealand - BusinessNZ / BNZ Manufacturing PMI (Sep.): 57.5 (prior 57.9)

Author: Eamonn Sheridan | Category: News

A slight slowdown for the manufacturing PMI in New Zealand

  • 3 of the 5 sub-indexes increased, with the employment gauge down to 50.7 (from 56.5)
Says BNZ of the PMI:
  • comfortably above its long-term average of 53.4
  • a particularly encouraging result considering the proximity of the election
(the election was September 23)