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.