NZ manufacturing activity slows in February as early livestock cull dents meat processing

NZ manufacturing activity slows in February as early livestock cull dents meat processing
Paul McBeth
By Paul McBeth March 16 (BusinessDesk) - New Zealand's manufacturing activity slowed in February as an early livestock cull last year weighed on primary production at the start of 2018.  The Business NZ-BNZ performance of manufacturing index fell to a seasonally adjusted 53.4 in February from 54.4 a month earlier, remaining above the 50 level separating expansion from contraction. Four of the five sub-indices increased, with just finished stocks falling 1 point to 51.1. Production rose 0.4 of a point to 53.9, employment gained 3.3 points...