New Zealand Services Pmi

The BusinessNZ Performance of Services Index in New Zealand rose to 53.9 in September of 2018 from an upwardly revised 53.3 in the previous month. Sales (56.1 from 53.9 in August) and inventories (53.8 from 52) advanced at a faster pace. On the other hand, new orders (56.1 from 58.6) and supplier deliveries (52.3 from 52.5) slowed. Also, employment declined to its lowest since September 2012 (49.4 from 49.9) and remained in contraction territory. Services Pmi in New Zealand averaged 54.48 from 2007 until 2018, reaching an all time high of 60.80 in April of 2007 and a record low of 44.90 in November of 2008.

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New Zealand Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-37.10	-38.30	80.90	-76.40	percent	[+]
Manufacturing PMI	51.67	52.02	62.77	36.08		[+]
Industrial Production	2.10	2.30	8.60	-10.20	percent	[+]
Capacity Utilization	93.20	93.50	93.60	86.33	percent	[+]
Changes in Inventories	136.00	584.00	769.00	-906.00	NZD Million	[+]
Car Registrations	5488.00	5785.00	6933.00	810.00		[+]
Internet Speed	14708.73	12865.57	14708.73	1998.81	KBps	[+]
IP Addresses	1778178.00	1690601.00	2110050.00	831298.00	IP	[+]
Services Pmi	53.90	53.30	60.80	44.90		[+]
Steel Production	47.56	53.69	89.00	30.94	Thousand Tonnes	[+]
Competitiveness Index	77.51	78.09	78.09	4.91	Points	[+]
Competitiveness Rank	18.00	16.00	25.00	16.00		[+]
Composite Pmi	53.10	53.80	59.50	40.00		[+]
Ease of Doing Business	1.00	1.00	3.00	1.00		[+]
Corruption Index	89.00	90.00	96.00	88.00	Points	[+]
Corruption Rank	1.00	1.00	4.00	1.00		[+]

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. This page provides - New Zealand Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Services Pmi - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	53.90	53.30	60.80	44.90	2007 - 2018		Monthly	SA

Country	Last		Previous	Highest	Lowest
Australia	51.10	Oct/18	52.5	63	39	Index Points	Monthly
Brazil	50.50	Oct/18	46.4	57.1	36.9	Index Points	Monthly
China	50.80	Oct/18	53.1	54.7	50	Index Points	Monthly
Euro Area	53.70	Oct/18	54.7	58.3	39.2	Index Points	Monthly
France	55.30	Oct/18	54.8	62.9	40.2	Index Points	Monthly
Germany	54.70	Oct/18	55.9	60.3	41.3	Index Points	Monthly
India	52.20	Oct/18	50.9	57.5	44.6	Index Points	Monthly
Italy	49.20	Oct/18	53.3	57.7	42.3	Index Points	Monthly
Japan	52.40	Oct/18	50.2	55.3	46.4	Index Points	Monthly
Russia	56.90	Oct/18	54.7	58.4	41.3	Index Points	Monthly
Spain	54.00	Oct/18	52.5	60.3	36.8	Index Points	Monthly
United Kingdom	52.20	Oct/18	53.9	62.5	40.1	Index Points	Monthly
United States	54.80	Oct/18	53.5	61	49.3	Index Points	Monthly