Business NZ performance of manufacturing index for New Zealand declines to 56.0 in February

Market news

11 March 2016

Business NZ performance of manufacturing index for New Zealand declines to 56.0 in February

According to the Business NZ Survey published on late Thursday evening, the Business NZ performance of manufacturing index (PMI) for New Zealand declined to 56.0 in February from 57.9 in January.

A reading above 50 indicates expansion in the manufacturing sector.

The decline was mainly driven by drops in new orders and production.

Business NZ's executive director for manufacturing, Catherine Beard, said that the expansion was still healthy in the sector.

German wholesale prices fall 0.5% in February

Net worth of households and non-profits in the U.S. climbs by $1.64 trillion in the fourth quarter

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.