New Zealand Manufacturing Sales Volume QQ (Q4) -0.5% (Prev. 1.1%)
Newsquawk Staff ·
New Zealand Manufacturing Sales Volume QQ (Q4) -0.5% (Prev. 1.1%)
What it means
New Zealand's manufacturing sales volume decreased by 0.5% in Q4, compared to a previous increase of 1.1%. This unexpected contraction could signal weakening demand in the manufacturing sector, which may raise concerns about economic growth and impact monetary policy considerations in New Zealand going forward.
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