NZ manufacturing activity grows in November, BNZ-BusinessNZ PMI shows

Thu, 12 Dec 2013

Dec. 13 (BusinessDesk) – New Zealand manufacturing activity rose in November, extending expansion in the sector for 12 consecutive months, according to the latest BNZ-BusinessNZ PMI. The seasonally adjusted PMI rose 1.8 points to 56.7 in November from October, though the report and commentary isn’t scheduled for release until 10:30am today. The data showed broad-based gains in most sub-indices. Government figures this week showed manufacturing sales volumes edged up 0.5 percent in the September quarter, with growth in metal products and pet...

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