New Zealand’s BNZ Manufacturing PMI edged down to 53.5 in November 2018 from an upwardly revised 53.7 in the previous month. Three of the subindices lost steam but remained in expansion zone, whereas two expanded at faster rates compared to October. Production declined to 51.5 from 52.9, new orders edged down to 56.3 from 57.0. and employment slipped to 51.3 from 52.4. In contrast, finished stocks edged higher to 54.2 from 53.1 and deliveries climbed to 52.5 from 50.8. Manufacturing PMI in New Zealand averaged 53.40 from 2002 until 2018, 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 52.30 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 -37.10 -37.10 80.90 -76.40 percent [+]
Manufacturing PMI 53.50 53.70 62.80 36.10 [+]
Industrial Production -0.30 1.70 17.60 -10.50 percent [+]
Capacity Utilization 93.20 93.50 93.60 86.33 percent [+]
Changes in Inventories 136.00 584.00 769.00 -906.00 NZD Million [+]
Car Registrations 5871.00 5969.00 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 55.40 54.20 60.90 44.70 [+]
Steel Production 50.07 47.56 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 54.50 53.20 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 89.00 90.00 96.00 88.00 Points [+]
Corruption Rank 1.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.50 53.70 62.80 36.10 2002 - 2018 Monthly
SA




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 53.90 Dec/18


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