The BusinessNZ Performance of Composite Index for New Zealand rose to 53.7 in February of 2023 from an upwardly revised 51.8 in January, pushed higher by both manufacturing (52 vs 51.2) and services (55.8 vs 54.7). source: Business New Zealand
Composite PMI in New Zealand averaged 53.34 points from 2007 until 2023, reaching an all time high of 60.60 points in July of 2021 and a record low of 24.60 points in April of 2020. This page provides - New Zealand Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Composite PMI - values, historical data and charts - was last updated on March of 2023.
Composite PMI in New Zealand is expected to be 50.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Composite PMI is projected to trend around 52.00 points in 2024 and 52.50 points in 2025, according to our econometric models.