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Financial trend analysis
The manufacturing sector in a sharp recovery in September.
The manufacturing sector in a sharp recovery in September. In fact, the BusinessNz Index of Manufacturing Performance rose to 51.4 points from 40.1 points in August (62.6 points in July, when it reached a high of 62.8 points in June 2004). Thus, the index returns after only one month above the 50-point threshold that separates confidence from pessimism.
(RR – www.ftaonline.com)
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