The BusinessNZ Performance of Manufacturing Index in New Zealand increased to 54.9 in August of 2022 from an upwardly revised 53.5 in the previous month, marking the fastest pace of expansion since July 2021 and remaining above the 53.1 long-term average. New orders (59.2 vs 50.5 in July) and employment (53.6 vs 52.6) continued to grow, while production (54.6 vs 49), deliveries (53.7 vs 49.4), and finished stocks (50.8 vs 49.4) crossed the expansion threshold following contractions in the prior month. source: Business New Zealand

Manufacturing PMI in New Zealand averaged 53.13 points from 2002 until 2022, reaching an all time high of 63.05 points in March of 2021 and a record low of 26.23 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 Trading Economics 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 54.90 53.52 points Aug 2022
Services PMI 58.60 52.70 points Aug 2022
Composite PMI 57.90 54.30 points Aug 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
54.90 53.52 63.05 26.23 2002 - 2022 points Monthly
SA

News Stream
New Zealand Business PMI at 1-Year High
The BusinessNZ Performance of Manufacturing Index in New Zealand increased to 54.9 in August of 2022 from an upwardly revised 53.5 in the previous month, marking the fastest pace of expansion since July 2021 and remainig above the 53.1 long-term average. New orders (59.2 vs 50.5 in July) and employment (53.6 vs 52.6) continued to grow, while production (54.6 vs 49), deliveries (53.7 vs 49.4), and finished stocks (50.8 vs 49.4) crossed the expansion threshold following contractions in the prior month.
2022-09-15
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