NZ manufacturing expansion moderates in August, employment stalls at breakeven
New Zealand's manufacturing PMI fell to 53.1 in August from 54.3 but remains above the long-term average. Employment stalled at 50.0.
9 min ago12 min read
ECB's Lagarde says eurozone economy shows continued strength
ECB President Lagarde said the eurozone economy is resilient and the near-term outlook has improved.
10/09/2026 13:022 min read
- The resilience of the economy is expected to continue into the third quarter
- Manufacturing remains solid and consumer confidence has recovered
- The labour market is strong
- The pace of employment growth is still decelerating
- The short-term outlook has gotten better
- Business and housing investment will help boost growth
- Export performance is being hampered by competitive pressures and trade policies
- Refining margins have significantly contributed to inflationary pressures
- So far, wages have not shown any reaction to the increase in energy costs
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