ONLY CHARTS #233
NZ PMI, NZ vehicle registrations, NZ CPI partials, China financing, Aus PMI, China activity indicators
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1. New Zealand’s composite PMI - the PCI - rose sharply in November to 49.2. While still at a level consistent with weak GDP growth, the PMI has improved significantly since mid-year.
2. The employment component of New Zealand’s PMI also rose but remained weak at 46.9.
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