New Zealand BNZ PMI Manufacturing Slows to 53.1, but New Orders Tell a More Resilient Story

Wait 5 sec.

New Zealand’s PMI Manufacturing eased from 54.3 to 53.1 in August, remaining in expansion territory and still above the survey’s long-run average of 52.5. The slowdown was broad across several sub-indices, with production falling from 57.1 to 54.2, deliveries from 55.5 to 52.6, and employment from 52.2 to 50.0. BusinessNZ said manufacturing continued to expand, […]The post New Zealand BNZ PMI Manufacturing Slows to 53.1, but New Orders Tell a More Resilient Story appeared first on ActionForex.