NZ BNZ PMI falls to 46.1, manufacturing activity slumps to multi-year low

<p>New Zealand&#8217;s manufacturing sector experienced a further slowdown in August, with BusinessNZ Performance of Manufacturing Index falling slightly from 46.6 in July to 46.1. This marks the lowest rate of activity for a non-pandemic affected month since June 2009. Furthermore, the latest PMI data sits significantly below its long-term average of 52.9. A closer look [&#8230;]</p>
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