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BNZ Performance of Manufacturing Index - February 2026

BNZ Performance of Manufacturing Index - February 2026

New Zealand’s manufacturing sector held steady in February, with the PMI at 55.0 signalling solid growth. Strong new orders and production point to firming demand, but rising energy costs and escalating geopolitical tensions in the Middle East are increasing uncertainty at a time when domestic activity remains fragile and inflation stays above 3%.

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