NZ manufacturing activity shrugs off election uncertainty in September

Thu, 12 Oct 2017

By Rebecca Howard Oct. 13 (BusinessDesk) - New Zealand manufacturing activity continued to expand in September, largely shrugging off uncertainty surrounding the general election on Sept. 23 with a small slowdown. The BusinessNZ-Bank of New Zealand performance of manufacturing index fell 0.4 points to a seasonally adjusted 57.5 in September, extending its run of expansionary readings above 50 in every month since October 2012. "September’s performance of manufacturing index proved to be about as strong as it was in August," said Bank o...

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