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New Zealand manufacturing continues to be in expansionary territory for April, reaching its highest value since 2004, with a seasonally adjusted PMI for April at 58.9.

NZ manufacturing continues to head in the right direction with a strong boost in expansion for March, with a seasonally adjusted PMI for March at 56.3.

Ongoing strength in new orders meant manufacturing remained in positive territory for the second month of 2010, with a seasonally adjusted PMI for February at 53.3

Ongoing strength in new orders kept manufacturing in positive territory for the first month of 2010, with a seasonally adjusted PMI for January at 52.

Manufacturing activity ended the year on a positive note, with expansion small but steady, with a seasonally adjusted PMI for December at 52.9.

Manufacturing activity showed expansion for the third consecutive month, providing a solid if unspectacular end to 2009, with a seasonally adjusted PMI for November at 51.8.

Expansion dipped in October after gradual improvements in activity during the second half of 2009, with a seasonally adjusted PMI for October at 50.6.

Expansion across most sub-indices meant overall manufacturing expanded for the first time since April 2008, with a seasonally adjusted PMI for September at 51.7.

A lower result for both production and new orders meant activity fell back for August, with a seasonally adjusted PMI for August at 48.7.

A positive result for both production and new orders helped push manufacturing activity further out of the doldrums in July, with a seasonally adjusted PMI for July at 49.7.

Manufacturing activity continued to climb out of the depths of contraction with the highest overall activity level in nine months, with a seasonally adjusted PMI for June at 46.2.

Although manufacturing activity experienced a slightly larger decrease in activity in May, the sector generally remains in a tight band of performance since the start of the year, with a seasonally adjusted PMI for May at 42.7.