12-June-2026
Economy News
 
New Zealand Manufacturing Slips Into Contraction Amid Weak Demand, Higher Costs
12-Jun-2026

New Zealand's manufacturing activity contracted slightly in May, slipping back into negative territory after seven months of expansion, as businesses remained concerned about weak demand and global economic pressures. The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index fell to 49.9 in May from 50.4 in April and 52.8 in March.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-11/new-zealand-manufacturing-slips-into-contraction-amid-weak-demand-higher-costs