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For now, companies said weak demand from continental Europe was behind the 13th consecutive drop in new export orders.
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The oil price fall came as a gauge of China's manufacturing showed its eighth consecutive drop in output in June.
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Fuel prices fall again Fuel prices tumbled for the third time in three days, today - the 22nd consecutive drop since October.
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The 11th consecutive drop in payrolls brought the number of jobs eliminated so far this year to 1.91 million.
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Photo: RNZ The prices of petrol and diesel have tumbled for the third time in three days - the 22nd consecutive drop since October.
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Dampening the mood further was news of the second consecutive drop in Chinese industrial profits in December; November's decline was the first in three years.
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The company's profit fell 8.5% to $18.4 million in fiscal 2019, its second consecutive drop in annual profit.
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The Bloomberg Consumer Comfort Index fell to 44.7 in the period ending April 26th, the third consecutive drop, from 45.4 the prior week.
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Monthly fluctuations in the figures are common, though sharp consecutive drops in countries with stable banking systems are unusual.