Manufacturers more positive about outlook in August: BNZ PMI
BNZ senior economist Doug Steel.
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SCIENCE
New Zealand’s manufacturing sector remains in contraction after 18 consecutive months but showed some further signs of improvement in August.
The BNZ-BusinessNZ Performance of Manufacturing Index rose to 45.8 last month, from 44.4 in July.
A reading below 50 indicated contraction.
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Manufacturers more positive about outlook in August: BNZ PMI
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