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NZ manufacturing activity slows to its weakest in 6 months

NZDUSD News by Newsroom on 20:21 July 12, 2018 EST
Manufacturing activity in New Zealand expanded at the slowest rate in six months in June, a survey showed on Friday as the employment index contracted for a second straight month and the
production measure fell to its lowest point since January.

The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index (PMI) fell to 52.8 from 54.5 the previous month.