New Zealand’s manufacturing sector experienced an increase in expansion during September, with a seasonally adjusted PMI for September at 55.4
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.
New Zealand’s manufacturing sector experienced an increase in expansion during August, with a seasonally adjusted PMI for June at 55.0
New Zealand’s manufacturing sector had a seasonally adjusted PMI for July at 53.5. Although this was 1.6 points lower than June, it was still the second highest result for the last four months.
New Zealand’s manufacturing sector experienced an increase in expansion during June, with a seasonally adjusted PMI for June at 55.2
New Zealand’s manufacturing sector experienced another minor dip in its level of expansion during May, with a seasonally adjusted PMI for May at 51.5.
New Zealand’s manufacturing sector experienced a lower level of activity in April, although still showing overall expansion, with a seasonally adjusted PMI for April at 51.8.
Despite a slower rate of expansion, New Zealand's manufacturing sector remains in solid territory, with a seasonally adjusted PMI for March at 54.5.
The manufacturing sector experienced improved levels of expansion during February, with a seasonally adjusted PMI for February at 55.9.
The manufacturing sector experienced a drop in the rate of expansion for the first month of 2015, with a seasonally adjusted PMI for January at 50.9.
Expansion in the manufacturing sector lifted during the last month of 2014, with a seasonally adjusted PMI for December at 57.7.
Manufacturing activity remained in solid territory during November, although the level of expansion eased back from the previous month, with a seasonally adjusted PMI for November at 55.2.
Employment activity reached its highest level as the manufacturing sector continued to show stronger expansion during October, with a seasonally adjusted PMI for October at 59.3.