NZ Manufacturing Hits 5-Year High as Breman Highlights Recovery

New Zealand manufacturing expanded at the fastest pace in almost five years in June as central bank Governor Anna Breman pointed to a burgeoning economic recovery, underscoring this week’s decision to raise interest rates. New Zealand manufacturing expanded at the fastest pace in almost five years in June as central bank Governor Anna Breman pointed to a burgeoning economic recovery, underscoring this week’s decision to raise interest rates.