
A report released by Business New Zealand commenting on the PMI, the New Zealand manufacturing sector, and noteworthy trends. Increased activity in the manufacturing sector is usually a precursor to economic expansion and inflationary pressures. The Manufacturing Activity Report summarizes key points regarding the data gathered by the monthly business surveys sent to manufacturers and gives a concise breakdown of how optimistic manufacturers feel in the short-term. The report takes note of any mid-term trends that have been occurring over that past few months and gives insight into the overall direction of the New Zealand Economy.
Relevance:
Rarely affects markets
Release schedule : 22:45 (GMT); monthly, 2 weeks after the reporting period
Source of report : Business New Zealand
Web Address : http://www.businessnz.org.nz/
Address of release : http://www.businessnz.org.nz/issues/202
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