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Home Forex New Zealand’s Business NZ PMI still in contraction territory, but improves to 48.9 in April
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New Zealand’s Business NZ PMI still in contraction territory, but improves to 48.9 in April

BusinessNZ’s New Zealand Performance of Manufacturing Index (PMI) saw an uptick in April, with the seasonally-adjusted figure coming in at 48.9 compared to March’s 46.8, but is still lower than February’s 49.1.

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