Composite Pmi in New Zealand decreased to 52.50 points in November from 54.30 points in October of 2019. Composite Pmi in New Zealand averaged 53.90 points from 2007 until 2019, reaching an all time high of 59.50 points in July of 2013 and a record low of 40 points in November of 2008. source: Business New Zealand
Composite Pmi in New Zealand is expected to be 52.00 points 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 51.80 in 12 months time. In the long-term, the New Zealand Composite Pmi is projected to trend around 53.40 points in 2020, according to our econometric models.