Trans-Tasman angst – PMI
New Zealand’s manufacturing sector experienced a lower level of activity in April, although still showing overall expansion, with a seasonally adjusted PMI for April at 51.8.
New Zealand’s manufacturing sector experienced a lower level of activity in April, although still showing overall expansion, with a seasonally adjusted PMI for April at 51.8.
New Zealand’s services sector continued to show healthy levels of expansion in March, with a seasonally adjusted PSI for March at 57.6.
Despite a slower rate of expansion, New Zealand’s manufacturing sector remains in solid territory, with a seasonally adjusted PMI for March at 54.5.
New Zealand’s services sector ended 2015 with another healthy monthly result, according to the BusinessNZ Performance of Services Index.