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11.09.202522:30:00UTC+00New Zealand Business PMI Dips Below Threshold, Reflecting Economic Contraction in August

New Zealand's Business Performance Manufacturing Index (PMI) has taken a downturn, dropping below the crucial 50-point neutrality threshold in August 2025. The latest figures, released on 11 September 2025, show the PMI at 49.9, a decrease from July's reading of 52.8, indicating a contraction in the manufacturing sector.

This decline suggests that New Zealand’s manufacturing activity has started to ebb, marking a pivotal shift from the previous month’s moderate expansion. The PMI is a critical indicator of economic health, with figures above 50 signaling expansion and figures below 50 indicating contraction.

Economists and industry experts will be closely monitoring this development, as it may signal broader economic challenges ahead, impacting business investments and labor market trends. The current numbers highlight potential areas of concern for policymakers aiming to stabilize economic growth in the region amid global uncertainties.

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