The BusinessNZ Performance of Manufacturing Index in New Zealand jumped to a record 63.6 in March of 2021 from a revised 54.2 in the previous month. It was the highest monthly result since the survey began in 2002, with production (66.8 vs 58.4 in February) and new orders (72.5 vs 58.0) being the main drivers while employment (53.5 vs 50.2) also improved. source: Business New Zealand
Manufacturing PMI in New Zealand averaged 53.09 points from 2002 until 2021, reaching an all time high of 63.60 points in March of 2021 and a record low of 26.25 points in April of 2020. This page provides - New Zealand Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Manufacturing PMI in New Zealand is expected to be 53.30 points 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 52.00 in 12 months time. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 52.50 points in 2022, according to our econometric models.