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New Zealand December Manufacturing PMI 45.9 (prior 45.5)

Started by forex4you, Jan 17, 2025, 05:18 am

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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)

forexlive.com
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