The NZ manufacturing sector recorded its highest level of activity for almost nine years, according to the latest BNZ - BusinessNZ Performance of Manufacturing...

Livewire News

The NZ manufacturing sector recorded its highest level of activity for almost nine years, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for May was 59.2 (a PMI reading above 50.0 indicates that manufacturing is generally expanding). This is the highest level of overall expansion since June 2004. Compared with previous May results, the 2013 value was the highest since the survey began in 2002. (VIEW LINK)


Livewire News

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

economy new zealand manufacturing

Comments

Please sign in to comment on this wire.