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New Zealand manufacturing contracts further in July— BusinessNZ PMI

BusinessNZ Performance of Manufacturing Index (PMI) posted a 46.3-point rating in July, indicating further contractionary conditions in the New Zealand manufacturing sector. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.