The BusinessNZ Performance of Manufacturing Index in New Zealand increased to 52.7 in July of 2022 from 49.7 in the previous month, rising back into expansion territory but still below the long-term average of 53.1 for the survey. New orders rebounded (50.5 vs 47.9) and employment rose (52.6 vs 51.3). Meanwhile, production improved but remained in contraction (49 vs 48) and both finished stocks (49.4 vs 49.9) and deliveries (49.4 vs 51.6) dropped further. source: Business New Zealand

Manufacturing PMI in New Zealand averaged 53.11 points from 2002 until 2022, reaching an all time high of 63.47 points in March of 2021 and a record low of 26.39 points in April of 2020. This page provides - New Zealand Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Manufacturing PMI in New Zealand is expected to be 56.00 points by the end of this quarter, according to 王者荣耀电竞(江西)积分排榜 global macro models and analysts expectations. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 52.50 points in 2023, according to our econometric models.

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New Zealand Manufacturing PMI



Related Last Previous Unit Reference
Manufacturing PMI 52.70 50.00 points Jul 2022
Services PMI 51.20 54.70 points Jul 2022
Composite PMI 50.60 52.20 points Apr 2022

New Zealand Manufacturing PMI
The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
Actual Previous Highest Lowest Dates Unit Frequency
52.70 50.00 63.47 26.39 2002 - 2022 points Monthly
SA

News Stream
NZ Factory Activity Returns to Expansion in July
The BusinessNZ Performance of Manufacturing Index in New Zealand increased to 52.7 in July of 2022 from 49.7 in the previous month, rising back into expansion territory but still below the long-term average of 53.1 for the survey. New orders rebounded (50.5 vs 47.9) and employment rose (52.6 vs 51.3). Meanwhile, production improved but remained in contraction (49 vs 48) and both finished stocks (49.4 vs 49.9) and deliveries (49.4 vs 51.6) dropped further.
2022-08-11
New Zealand Factory Activity Contracts
The BusinessNZ Performance of Manufacturing Index in New Zealand was at 49.7 in June of 2022, the first contraction in the Kiwi manufacturing sector since August of 2021 and dropping from a 52.6 reading in the prior month. Contraction was seen for production (47.8 vs 52.6 in May) and new orders (47.8 vs 52.3), while finished stocks levels remained unchanged (50 vs 52.8). In the meantime, growth slowed for employment levels (51.2 vs 52.8) and deliveries (51.7 vs 55.1).
2022-07-14
New Zealand Factory Activity Gains Momentum
The BusinessNZ Performance of Manufacturing Index in New Zealand rose to 52.9 in May of 2022, from an eight-month low of 51.2 in the prior month but still below the long-term average of 53.1 for the survey. It marks the 9th straight month of expansion in the country’s factory sector and at a faster pace. Production (52.8 vs 49.4 in April), employment (53 vs 49.8) and delivery of raw materials (55.4 vs 49.7) managed to return to expansion. On the other hand, new orders recorded the weakest growth since the August lockdown in 2021 (53 vs 55.2).
2022-06-16