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15 Dec 2024 10:41
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  •   Home > News > Business

    An uptick in economic activity has brought encouraging signs for SME manufacturing businesses

    An uptick in economic activity has brought encouraging signs for SME manufacturing businesses


    A new Unleashed Software report has found purchasing activity rose by an average of six-point-two percent in the third quarter of this year, the first rise since 2022.

    While average sales revenue dropped by minus point-seven-two percent, an improvement on almost minus 10 percent in the second quarter.

    Content manager Greg Rowan says OCR cuts have been a big driving factor in the rise.

    He says their report is mirroring what's been seen around the globe -- particularly with Australia and the UK -- as New Zealand moves from this high inflationary period.

    © 2024 Newstalk ZB, NZCity

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