Performance of Manufacturing Index (PMI)

BNZ – BusinessNZ Performance of Manufacturing Index (PMI) is a monthly survey of the manufacturing sector providing an early indicator of activity levels. A PMI reading above 50 points indicates manufacturing activity is expanding; below 50 indicates it is contracting. The main PMI and sub-index results are seasonally adjusted.

BNZ – BusinessNZ PMI – November 2009

BNZ – BusinessNZ PMI – November 2009

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.
BNZ – BusinessNZ PMI – October 2009

BNZ – BusinessNZ PMI – October 2009

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.
BNZ – BusinessNZ PMI – September 2009

BNZ – BusinessNZ PMI – September 2009

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.
BNZ – BusinessNZ PMI – August 2009

BNZ – BusinessNZ PMI – August 2009

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.
BNZ – BusinessNZ PMI – July 2009

BNZ – BusinessNZ PMI – July 2009

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.
BNZ – BusinessNZ PMI – June 2009

BNZ – BusinessNZ PMI – June 2009

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.
BNZ – BusinessNZ PMI – May 2009

BNZ – BusinessNZ PMI – May 2009

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.
BNZ – BusinessNZ PMI – April 2009

BNZ – BusinessNZ PMI – April 2009

Manufacturing had its second consecutive improvement in April, although the sector continues to remain in contraction, with a seasonally adjusted PMI for April at 43.7.
BNZ – BusinessNZ PMI – January 2009

BNZ – BusinessNZ PMI – January 2009

Manufacturing activity got off to a poor start in 2009 with continued contraction in the sector, with a seasonally adjusted PMI for January at 42.0.