Highs and Lows Digital Stock Graph
Markets

New Zealand - BusinessNZ Manufacturing PMI for April: 56.5 (prior 54.7)

BusinessNZ Manufacturing PMI

For April 56.5 ... the highest level of expansion since January

  • 1.8 points higher than March

  • Manufacturing in NZ has been in expansion in almost all months since October 2012

Comments from BusinessNZ:

  • Stronger expansion in production and new orders
  • Deliveries also recovered after a dip in March
  • "The proportion of positive comments also remained above 60%, while comments centered on general market growth and increased orders, particularly from offshore. Overall, the April result represents another solid month for the sector."

BNZ:

"the bounce in April, to 56.5, not only arrests that previous mild momentum loss but affirms the underlying above-average growth pulse that the manufacturing sector has displayed for many months now."

NZ Circle of Life (manufacturing PMI version):

Employment the lagger ... :-(

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos