Composite Pmi in New Zealand increased to 55.30 in January from 55.10 in December of 2018. Composite Pmi in New Zealand averaged 54 from 2007 until 2019, reaching an all time high of 59.50 in July of 2013 and a record low of 40 in November of 2008.
Composite Pmi in New Zealand is expected to be 54.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in New Zealand to stand at 53.50 in 12 months time. In the long-term, the New Zealand Composite Pmi is projected to trend around 53.80 in 2020, according to our econometric models.