WELLINGTON (Reuters) - Manufacturing activity in New Zealand expanded in October for the first time in four months, a survey showed on Friday.
The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index (PMI) rose to 52.6 from 48.4 the previous month.
A reading above 50 indicates an expansion in activity, while anything below that threshold indicates a contraction.
(Reporting by Charlotte Greenfield)