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New Zealand Q1 data: Manufacturing sales volumes -2.1% q/q

New Zealand Q1 data: Manufacturing sales volumes -2.1% q/q

News
Eamonn Sheridan
07/06/2023 | 22:46 GMT

New Zealand manufacturing sales fell in the first quarter of 2023, -2.1%

  • Expected: 3.9%, Prior -4.7%

A long and persistent cycle of Reserve Bank of New Zealand rate hikes has slowed the NZ economy.

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