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Market Update: New Zealand Manufacturing PMI Rises Marginally in May
The BusinessNZ Performance of Manufacturing Index in New Zealand edged higher to 58.6 in May of 2021 from 58.4 in the previous month. The latest reading came 5 points short of a record high hit in March and was the second highest result since July of 2020, pointing to a sustained recovery in the manufacturing sector. source: Business New Zealand [/s2If]
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