NZ BNZ PMI fell to 42.5, manufacturing downturn reaches lowest point since 2009

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<p>October has marked a significant downturn for New Zealand’s manufacturing sector, with BusinessNZ Performance of Manufacturing Index plummeting from 45.1 to 42.5. This figure not only represents the fifth consecutive month of declining activity but also stands as the lowest activity level for a month unaffected by COVID-19 restrictions since May 2009, deeply underscoring the […]</p>
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