The month of July saw the manufacturing sector flattened out after ten consecutive months of expansion, with a seasonally adjusted PMI for July at 49.9....
The service sector continued to show improved signs of growth, despite some areas of the sector still facing difficult times, with a seasonally adjusted PSI for June at 55.7....
While the service sector experienced its seventh consecutive month of expansion, comments from businesses showed the weather played a role as activity softened slightly in May, with a seasonally adjusted PSI for May at 53.3....
New Zealand manufacturing continues to be in expansionary territory for May, although it has eased back slightly from the April expansion, with a seasonally adjusted PMI for May at 54.5....
