New Zealand’s BNZ Manufacturing PMI fell to a four-month low of 53.1 in January 2019 from a downwardly revised 54.8 in the previous month. New orders decreased to 52.2 from 55.2 in December, declining its level of expansion for the third month and hitting a 13-month low. "Looking beyond the steady headline reading, the details of this month's survey do raise some questions about the durability and pace of the current expansion,” said BNZ Senior Economist, Doug Steel. Manufacturing PMI in New Zealand averaged 53.41 from 2002 until 2019, reaching an all time high of 62.80 in June of 2004 and a record low of 36.10 in November of 2008.

Manufacturing PMI in New Zealand is expected to be 53.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in New Zealand to stand at 53.00 in 12 months time. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

New Zealand Manufacturing PMI
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New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -24.10 -37.10 80.90 -76.40 percent [+]
Manufacturing PMI 53.10 54.80 62.80 36.10 [+]
Industrial Production -0.30 1.70 17.60 -10.50 percent [+]
Capacity Utilization 92.80 93.20 93.60 86.33 percent [+]
Changes in Inventories 142.00 335.00 769.00 -907.00 NZD Million [+]
Car Registrations 4319.00 5871.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 53.00 53.40 60.90 44.70 [+]
Steel Production 58.01 53.89 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 77.51 78.09 78.09 4.91 Points [+]
Competitiveness Rank 18.00 16.00 25.00 16.00 [+]
Composite Pmi 54.90 53.90 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 89.00 96.00 87.00 Points [+]
Corruption Rank 2.00 1.00 4.00 1.00 [+]


New Zealand Manufacturing PMI

The Business NZ Performance of Services Index (PSI) is a composite index based on the diffusion indexes for sales, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the Services sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - New Zealand Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 54.80 62.80 36.10 2002 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 50.50 Jan/19
France 51.20 Jan/19
Germany 49.70 Jan/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 50.30 Jan/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 54.90 Jan/19


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