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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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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.