Advertisement
New Zealand Manufacturing PMI Slips To 46.3 In July - BusinessNZ
(RTTNews) - The manufacturing sector in New Zealand continued to contract in July, and at a faster rate, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 46.3.
That missed expectations for a score of 49.4 and was down from the downwardly revised 47.4 in June (originally 47.5).
Among the individual components, deliveries (42.3), production (42.9), employment (44.3) and new orders (45.0) all contracted, while finished stocks (52.6) expanded.
Manufacturers noted general market uncertainty, rising costs, and weather affecting demand as the key negative influences on activity for July.
read more
New Zealand Has NZ$578 Million Trade Deficit
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday.
RTTNews
|
2 दिनों पहले
New Zealand Hints At More Interest Rate Cuts
The Reserve Bank of New Zealand reduced its key interest rate by 25 basis points to a three-year low and hinted at further easing on Wednesday. The Monetary Policy Committee, governed by Christian Hawkesby, voted to lower the Official Cash Rate to 3 percent from 3.25 percent. The bank has reduced the rate by 250 basis points since August 2024.
RTTNews
|
2 दिनों पहले
New Zealand Services Index Improves To 48.9 - BusinessNZ
The services sector in New Zealand continued to contract in July, albeit at a slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9.
RTTNews
|
5 दिनों पहले
New Zealand Manufacturing Sector Expands In July - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in July, BusinessNZ said on Friday with a seasonally adjusted Performance of Manufacturing Index score of 52.8.
RTTNews
|
8 दिनों पहले
New Zealand Jobless Rate Climbs To 5.2% In Q2
The unemployment rate in New Zealand came in at a seasonally adjusted 5.2 percent in the second quarter of 2025, Statistics New Zealand said on Wednesday.
RTTNews
|
17 दिनों पहले
New Zealand Has NZ$142 Million Trade Surplus In June
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$142 million in June, Statistics New Zealand said on Tuesday.
RTTNews
|
32 दिनों पहले
New Zealand Annual Inflation Climbs 2.7% In Q2
Consumer prices in New Zealand were up 2.7 percent on year in the second quarter of 2025, Statistics New Zealand said on Monday - up from 2.5 percent in the three months prior but shy of expectations for 2.8 percent.
RTTNews
|
33 दिनों पहले
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews
|
36 दिनों पहले
