Earlier this month, the BNZ-BusinessNZ performance of manufacturing index confirmed New Zealand manufacturing exercise rose in Could to the very best level since June 2004, led by improved progress in manufacturing, new orders and employment. Gross domestic product grew 0.3 % to $37.1 billion within the three months ended March 31, from a tempo of 1.5 p.c in the December interval, in keeping with Statistics New Zealand.
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