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HomeForex NewsNew Zealand April manufacturing PMI 51.2 (prior 53.8) | Forexlive

New Zealand April manufacturing PMI 51.2 (prior 53.8) | Forexlive

BusinessNZ Manufacturing PMI for April hits its lowest since August 2021.

BusinessNZ’s Catherine Beard:

  • stated that after regular expansionary outcomes over latest months, the April end result highlighted the fickle nature of what producers are at present experiencing

BNZ Senior Economist, Craig Ebert

  • “provide issues actually featured extensively in respondents’ feedback, together with inferences that COVID, and associated absenteeism, stays an enormous challenge, even with recorded case numbers having peaked again in March. This offers beneficial context to the negativity within the PMI’s jobs index.”

nz manufacturing pmi 13 May 2022

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