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10.11.2016 23:55:30
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New Zealand Manufacturing PMI Falls To 55.2
(RTTNews) - The manufacturing sector in New Zealand continued to expand in October, albeit at a slower pace, the latest survey from Business NZ revealed on Friday with a Performance of Manufacturing Index score of 55.2.
That's down sharply from 57.7, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, new orders, production, finished stocks and deliveries all slowed but remained in expansion territory.
Employment was the lone gainer, accelerating its expansion.
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