INDEPENDENT NEWS

XE Data Update - Business NZ Manufacturing Index release

Published: Fri 15 Nov 2019 10:53 AM
The Business NZ Manufacturing Index (PMI) survey results for October have just been released.
The Business NZ Manufacturing Index came in notably higher compared to September:
+52.6 % vs +48.8 %
A reading above 50 indicates expansion.
The NZD is higher in immediate response.
Current indicative levels are:
NZDUSD 0.6365 / 0.6390
NZDAUD 0.9385 / 0.9410
NZDEUR 0.5775 / 0.5800
NZDGBP 0.4940 / 0.4965
NZDJPY 69.00 / 69.25

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