Forex
globalreutersApril 11, 20241 Mins read
New Zealand March Manufacturing PMI contracts for the 13 month in a row
globalreutersApril 11, 20241 Mins read BNZ – BusinessNZ Performance of Manufacturing Index (PMI) from March 2024 comes in at 47.1
- from 49.1 in February
- 47.1 is the lowest since December 2023
- has now been in contraction for 13 consecutive months
BNZ’s Senior Economist Doug Steel:
- “the PMI’s average for the first quarter of the year is consistent with manufacturing GDP posting another quarter that is below that of a year earlier”
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
ECB’s Stournaras says rates should be close to 2% by end of the year
He had previously say that the ECB should continue with "a series...
ECB’s Knot sees little obstacle to another rate cut next week
Data is encouraging, confirms that we'll return to targetHopes to see recovery...
Today’s Bitcoin Futures Analysis
TradeCompass for Bitcoin Futures Analysis – January 22, 2025Current Price of Bitcoin...
FX option expiries for 22 January 10am New York cut
There are a couple to take note of on the day, as...
Leave a comment