Manufacturing sales in New Zealand fell to the lowest level in 10 years in the second quarter
manufacturing sales in New Zealand fell to the lowest level in 10 years in the second quarter
China Construction machinery information
Guide: the total thickness of parts sold in New Zealand's manufacturing industry in the second quarter can be as thin as 3 μ M fell to the lowest level in 10 years, indicating that the country's GDP growth may have slowed in the second quarter. Statistics New Zealand announced on Thursday that the total sales of manufacturing industry in the second quarter decreased by 1.8% compared with the first quarter after excluding the inflation factors of cumbersome customer service work. The total sales volume except for the flexible grasp of meat and dairy products decreased
in the second quarter, New Zealand's total manufacturing sales fell to the lowest level in 10 years, indicating that the country's GDP growth may have slowed down in the second quarter
Statistics New Zealand announced on Thursday that after excluding inflation, the total sales of manufacturing industry in the second quarter fell by 1.8% compared with the first quarter, while the total sales excluding meat and dairy products fell by 3.6%
with the decline of manufacturing sales, the Bank of New Zealand may choose to keep the benchmark interest rate unchanged next week after two interest rate hikes. Economists at Westpac bank previously said that under the circumstances of uneven domestic economic data and uncertain international economic trends, it would be a more reasonable choice to suspend interest rate hikes
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