RSS NZ BNZ PMI falls to 45.5, 21st month of contraction

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 RSS NZ BNZ PMI falls to 45.5, 21st month of contraction

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New Zealand’s BNZ Performance of Manufacturing Index dipped from 45.7 to 45.5 in November, marking its lowest reading since July 2024 and extending the contraction streak to 21 consecutive months. Despite some improvement in select components, the sector remains under significant strain, highlighting the challenges of achieving a meaningful turnaround. Production weakened further, dropping from […]

The post NZ BNZ PMI falls to 45.5, 21st month of contraction appeared first on Action Forex.
 
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