New Zealand performance of manufacturing index unchangedChristian Fernsby ▼ | October 14, 2019
New Zealand BusinessNZ Performance of Manufacturing Index was unchanged at 48.4 in September, signaling same rate of contraction in the sector.
New Zealand BusinessNZ Performance of Manufacturing Index was unchanged 48.4
Topics: New Zealand manufacturing
Also, employment (50.0) showed no change following four consecutive monthly declines.
However, the weak new order results in recent months meant production (46.2) fell to its lowest result since April 2012.
In addition, deliveries of raw materials (46.4) fell to its lowest since March 2011. ■