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New Zealand's manufacturing sector grew in February, marking three straight months of expansion above the 50 threshold.
New Zealand's manufacturing sector expanded slightly in February, with the PMI holding at 55.0, down slightly from 55.1 in January but still well above the 50 threshold indicating growth.
All five sub-indices showed expansion, led by new orders and production, driven by rising export demand and increased customer inquiries.
Business confidence improved, and employment remained stable despite a slight dip.
The sector has now expanded for three consecutive months above 55, reflecting sustained growth and resilience amid global uncertainties.
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El sector manufacturero de Nueva Zelanda creció en febrero, lo que marca tres meses consecutivos de expansión por encima del umbral de 50.