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NZ BNZ manufacturing rises to 51.4, first expansion in nearly two years

Started by forex4you, Feb 14, 2025, 08:55 am

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Feb 14, 2025, 08:55 am
NZ BNZ manufacturing rises to 51.4, first expansion in nearly two years


New Zealand's manufacturing sector finally returned to expansion in January, with BusinessNZ Performance of Manufacturing Index surging from 46.2 to 51.4. This marks the first expansion in 23 months and the highest reading since September 2022. While the rebound is a positive sign for the economy, the index remains below its long-term average of 52.5, […]


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