July saw ongoing durability in New Zealand’s manufacturing sector, partly aided by our trans-Tasman cousins, with a seasonally adjusted PMI for July at 53.2....
The service sector improved its level of expansion for April, although the devil is in the detail, with a seasonally adjusted PSI for April at 52.6....
The recent Christchurch earthquake has led to a clear divide in the level of activity between the two main islands, with a seasonally adjusted PSI for March at 50.8....
Manufacturing activity has been shaken over the last couple of months, but is still keeping its head above water, with a seasonally adjusted PMI for March at 50.1....