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The Producer Price Index for output in New Zealand exceeded projections by 2.1% in the first quarter
New Zealand’s April services PMI fell to 48.5, indicating ongoing challenges in the sector
New Zealand’s services sector slips further in April, while manufacturing shows signs of improvement with growth.
In the first quarter, New Zealand’s Producer Price Index – Input (QoQ) reached 2.9%, exceeding forecasts
US equity index futures decline with S&P500 down 0.7% and NASDAQ down 0.9%
US credit downgrade sinks stock futures; global politics, ECB caution, and Biden’s diagnosis fuel market unease.
In April, New Zealand’s business PSI declined to 48.5 from a previous value of 49.1
