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 – September 2012

BNZ – BusinessNZ PMI – September 2012

Despite a slight improvement from the previous month, NZ’s manufacturing sector remained stubbornly in contraction during September, with a seasonally adjusted PMI for September at 48.2.
BNZ – BusinessNZ PMI – June 2012

BNZ – BusinessNZ PMI – June 2012

Manufacturing activity produced a mid-year flat patch, which was in line with offshore movements, with a seasonally adjusted PMI for June at 50.2.
BNZ – BusinessNZ PMI – May 2012

BNZ – BusinessNZ PMI – May 2012

Manufacturing activity bounced back from April’s dip to show strong expansion for the current month, with a seasonally adjusted PMI for May at 55.7.
BNZ – BusinessNZ PMI – October 2011

BNZ – BusinessNZ PMI – October 2011

After six consecutive months of expansion, manufacturing activity fell into contraction during October, with a seasonally adjusted PMI for October at 46.5.