NZ Manufacturing PMI Rises to 56.5 in September

Global Markets5 days ago

The monthly report on industrial activity from Business NZ and Bank NZ indicates a rise in production strength. The seasonally adjusted manufacturing Purchasing Managers' Index climbed to 56.5 in September, up from 53.1 in August, based on a joint survey of the nation's producers.

The index is used as a primary indicator of the health of the manufacturing sector, with any reading above 50 generally indicating expansion. The latest data shows New Zealand's manufacturers saw an increase in the momentum of their operations compared to the previous month.

Mapped to your portfolio

Possible scenarios

45%Recovery Extends Into Q4+0.3%
25%RBNZ Easing Slows-0.0%
20%External Demand Fades-0.4%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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NZ Manufacturing PMI Rises to 56.5 in September

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New Zealand Business New Zealand Bank of New Zealand

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Recovery Extends Into Q4+0.3%
25%RBNZ Easing Slows-0.0%
20%External Demand Fades-0.4%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.