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XE Data Update - Business NZ manufacturing index release

Fuseworks Media
Fuseworks Media

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 / 0.6390NZDAUD 0.9385 / 0.9410NZDEUR 0.5775 / 0.5800NZDGBP 0.4940 / 0.4965NZDJPY 69.00 / 69.25

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