New Zealand May Month Business NZ Bank survey s/adj PMI firmer 39.7 vs 26.1 prior

The New Zealand May Month Business NZ Bank survey s/adj PMI married firmer at 39.7 vs 26.1 prior.

More to come...

Description of the Business NZ PMI

The Business NZ PMI released by the Business NZ presents business conditions in New Zealand. The Business PMI is an important indicator of the overall economic condition. A result that values above 50 signals appreciates (or is bullish) for the NZD, whereas a result that values below 50 is seen as negative (or bearish).