New Zealand's manufacturing expands amid new orders

Note: This section contains information in English only.
Source: RTT News
© Scanpix/FP

Manufacturing production in New Zealand grew in April largely due to continued improvements in new order, a data revealed by the Bank of New Zealand and BusinessNZ showed on Thursday. According to data, the seasonally adjusted manufacturing index accelerated from 53.4 in March to 54.5 recorded in April and it stays above reading of 50 signaling expansion in the sector.


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