Business activity remains elevated but downturn is forecast
Latest survey shows rise in manufacturing output while services sector drifts.
Business activity remained at a high level in February even as forecasters are picking a slowing in the economy.
The composite index that combines the BNZ-BusinessNZ Performance Indexes for manufacturing and services is at its highest level since June last year.
The three-month average has
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Nevil Gibson
Mon, 18 Mar 2019
Mon, 18 Mar 2019
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Business activity remains elevated but downturn is forecast
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