New Zealand Manufacturing Sees First Expansion in Nearly Two Years: A Positive Turn for the Economy

In a significant development for the New Zealand economy, manufacturing activity has reported an expansion for the first time in almost 24 months. This encouraging news comes as the country emerges from a prolonged period of contraction, which has posed challenges for local industries and the overall economy. The latest figures indicate that manufacturing appears to be on an upward trajectory, providing a potential boost for economic recovery.

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