ManufacturingNZ has responded to Consumer NZ’s petition calling for mandatory repairability labels on household appliances, arguing that the proposal would impose significant costs on importers, retailers, and consumers without delivering meaningful benefits. The submission highlights the challenges of New Zealand’s small market size, existing labelling burdens, and the greater potential of voluntary and digital information solutions.
New Zealand’s Performance of Manufacturing Index (PMI) continues to show a concerning trend with the sector now in contraction for 15 consecutive months
The March PMI result dipped after improving the month before, dropping 2 points to 47.1 – a strong contraction that keeps the index well below positive territory.
Those hoping for a more optimistic start to the year, will be disappointed with the recent PMI (Performance of Manufacturing Index) results announced last week.
