- Analytics
- News and Tools
- Market News
- New Zealand’s manufacturing sector slowing? - ANZ
New Zealand’s manufacturing sector slowing? - ANZ
ANZ analysts note that global manufacturing has been under pressure for a while now as slowing global trade (on the back of the U.S.-China trade woes and waning US fiscal stimulus) has weighed on demand.
- “While New Zealand’s export commodity prices have held up, our ex-food manufacturing sector has slowed alongside the wider domestic economy, suggesting New Zealand’s experience may not be so different. Indeed, last week’s Quarterly Survey of Business Opinion suggests slowing manufacturing activity (and the wider economy for that matter) has persisted into Q2, and that this may now be leading to reduced headcount in the sector – and hence a possible (but likely small, so far) spillover into household incomes. This week brings a scattering of monthly data releases, with a few partial Q2 CPI indicators (June food prices, rents, and our Monthly Inflation Gauge), our Truckometer, cards transactions (which isn’t very useful data), the June PMI and possibly REINZ housing market data.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
