India, July 8 -- The manufacturing sector in New Zealand continued to expand in June, and at a much faster rate, the latest survey from BusinessNZ revealed on Thursday with a Performance of Manufacturing Index score of 59.7.
That's up from the upwardly revised 51.5 (originally 49.9) and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components of the survey, employment (55.8), new orders (64.1), finished stocks (56.9), deliveries (57.3) and production (59.4) were all firmly in expansion territory.
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