New Zealand December Manufacturing PMI 45.9 (prior 45.5)New Zealand manufacturing pmi from BusinessNZ.
Comes in at 45.9 for December 2024
- prior 45.2
- in contraction for 22 consecutive months
BusinessNZ says 2024 was the first time in the survey's history that all 12 months were in contraction
BNZ:
- "the PMI is yet another New Zealand economic indicator that suggests parts of the economy are suffering the most they have since the GFC (excluding the COVID-turmoil)".
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: New Zealand December Manufacturing PMI 45.9 (prior 45.5) (https://www.forexlive.com/news/new-zealand-december-manufacturing-pmi-459-prior-455-20250116/)
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