New Zealand Manufacturing PMI Surges to Strongest Since 2021 as Orders Soar
New Zealand’s manufacturing sector posted a powerful recovery in June, with the BusinessNZ Performance of Manufacturing Index (PMI) jumping from 51.3 to 59.7, well above its long-run average of 52.5. The reading marked the strongest expansion since July 2021,
New Zealand’s manufacturing sector posted a powerful recovery in June, with the BusinessNZ Performance of Manufacturing Index (PMI) jumping from 51.3 to 59.7, well above its long-run average of 52.5. The reading marked the strongest expansion since July 2021, highlighting a broad improvement in activity after the sector spent much of the past two years […] The post New Zealand Manufacturing PMI Surges to Strongest Since 2021 as Orders Soar appeared first on ActionForex.