New Zealand Composite NZ PCI (Jan) 52.5 (Prev. 53.9, Rev. From 53.7)

The New Zealand Composite PCI for January came in at 52.5, indicating a slowdown from the previous print of 53.9, and even revised down from 53.7.

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New Zealand Composite NZ PCI (Jan) 52.5 (Prev. 53.9, Rev. From 53.7)

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This miss could suggest weakening momentum in the economy, which may influence market expectations regarding monetary policy and rates going forward, potentially leading to a cautious sentiment around the NZD.

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