New Zealand's manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index.
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 started 2016 with continued strength, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index
New Zealand's manufacturing sector recorded its highest month of expansion for 2015, The sector has now been in continued expansion since October 2012.
New Zealand's manufacturing sector remained in a steady state of expansion. The seasonally adjusted PMI for November was 54.7, 1.5 points higher than October.
New Zealand's manufacturing sector continued its expansionary path for October. The seasonally adjusted PMI for October was 53.3, although this was 1.7 points lower than September, the level of expansion was still healthy. The sector has now been in continued expansion since October 2012.
New Zealand’s manufacturing sector experienced an increase in expansion during September, with a seasonally adjusted PMI for September at 55.4
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.