January 16, 2025 at 09:31PM
New Zealand manufacturing pmi from BusinessNZ.
Comes in at 45.9 for December 2024
prior 45.2
in contraction for 22 consecutive months
BusinessNZ says 2024 was the first time in the survey’s history that all 12 months were in contraction
BNZ:
“the PMI is yet another New Zealand economic indicator that suggests parts of the economy are suffering the most they have since the GFC (excluding the COVID-turmoil)”.
This article was written by Eamonn Sheridan at www.forexlive.com.
New Zealand December Manufacturing PMI 45.9 (prior 45.5)