Manufacturing PMI from BusinessNZ

  • 54.7 for November, from 53.2 in October (revised from 53.3)
  • New orders (57.8) at its highest level since June
  • Employment (53.7) at its highest level since June

BNZ Senior Economist Doug Steel:

  • Positive signals from the PMI continue
  • "It affirms our thinking that the economy has grown a bit faster in the second half of 2015 than it did in the first half"

NZD is up a few pips after the data. Currently around 0.6747