ONLY CHARTS #286

NZ manufacturing PMI, NZ monthly prices, NZ job ads

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1. New Zealand’s manufacturing PMI rose again in February to the highest reading since August 2022.

2. Food prices in New Zealand declined 0.5% m/m in February following a +1.9% m/m jump in January. Prices rose 2.4% over the year. Post seasonal adjustment, food prices barely rose in February.