Financial News: New Zealand Manufacturing Sector Falls Into Contraction -

New Zealand Manufacturing Sector Falls Into Contraction - BusinessNZ

06/11/2026 - 18:41:00 (RTTNews)

(RTTNews) - The manufacturing sector in New Zealand lipped into contraction territory in May, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 49.9.

That's down from 50.5 in April, and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components of the survey, employment (49.6) contracted, while production (50) was stagnant and deliveries (51.9), finished stocks (53.8) and new orders (50.1) expanded.

"We believe the sector is likely to go through a flat patch during winter but, Middle East willing, we still think the broader economy can pick up some momentum at the tail end of this year so there is no reason to believe manufacturing will be an exception," said BNZ Head of Research Stephen Toplis.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German ZEW Economic Confidence Rises To 5-month High (07 min(s), 53 sec(s) ago)
(RTTNews) - Germany's economic confidence strengthened more-than-expected in July to the highe ...Full Story»

UK Jobless Rate Remains Stable At 4.9% (28 min(s), 53 sec(s) ago)
(RTTNews) - The UK unemployment rate unexpectedly held steady in the three months to May, the Offi ...Full Story»

Taiwan Export Order Growth Quickens To 59.4% In June (01 hr(s), 57 min(s), 53 sec(s) ago)
(RTTNews) - Taiwan's export order growth rebounded markedly at the end of the second quarter, ...Full Story»

Norway Jobless Rate Rises To 4.5% (03 hr(s), 0 min(s),53 sec(s) ago)
(RTTNews) - Norway's unemployment rate increased slightly in June after falling in the previou ...Full Story»

Swiss Trade Surplus Grows In Q2 (03 hr(s), 20 min(s), 53 sec(s) ago)
(RTTNews) - Switzerland's foreign trade surplus increased in the second quarter as exports gre ...Full Story»

New Zealand Q2 Inflation Rises 1.5% In Q2 (30 min(s), 07 sec(s) ago)
(RTTNews) - Overall consumer prices in New Zealand were up a seasonally adjusted 1.5 percent on qu ...Full Story»

New Zealand Inflation Data Due On Tuesday (36 min(s), 07 sec(s) ago)
(RTTNews) - New Zealand will on Tuesday release Q2 data for consumer prices, highlighting a light ...Full Story»

U.S. Leading Economic Index Dips Slightly More Than Expected In June (52 min(s), 07 sec(s) ago)
(RTTNews) - Partially reversing gains registered in May and April, the Conference Board released a ...Full Story»