Composite Pmi in New Zealand increased to 51.80 in May from 51.40 in April of 2019. Composite Pmi in New Zealand averaged 53.95 from 2007 until 2019, reaching an all time high of 59.50 in July of 2013 and a record low of 40 in November of 2008.
Composite Pmi in New Zealand is expected to be 53.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in New Zealand to stand at 53.70 in 12 months time. In the long-term, the New Zealand Composite Pmi is projected to trend around 53.40 in 2020, according to our econometric models.