News: New Zealand manufacturing activity fell in July -private survey

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    Wellington, Aug 12 (Reuters) - Manufacturing activity in New Zealand fell in July by 1.8 points, a survey showed on Friday.

    The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index (PMI) slid to 55.8 from 57.6 the previous month.

    A reading above 50 indicates an expansion in activity, while anything below that threshold indicates a contraction.

 
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