The BusinessNZ Performance of Composite Index fell to 50.5 in February 2026 from a downwardly revised 52.3 in the previous month, marking the lowest reading since last November. The slowdown came as the services sector contracted for the first time in three months, even as manufacturing activity remained relatively robust. Growth in output, new orders, and employment all eased to their weakest pace since November, indicating softer overall momentum. Meanwhile, inventories declined after rising over the prior two months, suggesting some firms drew down stock levels. Supplier delivery times continued to lengthen, though at a slower pace, pointing to a slight easing in supply-chain delays. source: Business New Zealand

Composite PMI in New Zealand decreased to 50.50 points in February from 52.30 points in January of 2026. Composite PMI in New Zealand averaged 52.55 points from 2007 until 2026, reaching an all time high of 61.00 points in July of 2021 and a record low of 24.70 points in April of 2020. This page provides - New Zealand Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite PMI in New Zealand decreased to 50.50 points in February from 52.30 points in January of 2026. Composite PMI in New Zealand is expected to be 50.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Composite PMI is projected to trend around 51.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 87.00 44.00 Individuals Feb 2026
ANZ Business Confidence 32.50 59.20 points Mar 2026
NZIER Capacity Utilization 89.80 89.10 percent Dec 2025
Car Registrations 3328.00 3168.00 Units Feb 2026
Changes in Inventories 229.00 -385.00 NZD Million Dec 2025
Corruption Index 81.00 83.00 Points Dec 2025
Corruption Rank 4.00 4.00 Dec 2025
Industrial Production 0.70 -0.50 percent Dec 2025
Manufacturing Sales YoY -0.70 1.30 percent Dec 2025


New Zealand Composite PMI

News Stream
New Zealand Composite PMI Slips to 3-Month Low
The BusinessNZ Performance of Composite Index fell to 50.5 in February 2026 from a downwardly revised 52.3 in the previous month, marking the lowest reading since last November. The slowdown came as the services sector contracted for the first time in three months, even as manufacturing activity remained relatively robust. Growth in output, new orders, and employment all eased to their weakest pace since November, indicating softer overall momentum. Meanwhile, inventories declined after rising over the prior two months, suggesting some firms drew down stock levels. Supplier delivery times continued to lengthen, though at a slower pace, pointing to a slight easing in supply-chain delays.
2026-03-15
New Zealand Composite PMI Dips from Over 3-Year Peak
The seasonally adjusted BusinessNZ Performance of Composite Index fell to 52.5 in January 2026 from a more than three-year high of 53.9 in the previous month. Manufacturing output remained strong amid a slight slowdown in the service sector. Output, new orders, and employment all stayed solid despite softening. Also, inventories rose at a milder pace and delivery times shortened slightly.
2026-02-15
New Zealand Composite PMI Returns to Expansion
New Zealand’s seasonally adjusted BusinessNZ Performance of Composite Index rose to 53.7 in December 2025 from 48.8 in November, marking a return to expansion. The services sector strengthened the most in six months, supported by seasonal Christmas and summer demand, improving consumer confidence driven by lower interest rates, stronger tourism, new contracts and bookings, and early signs of broader economic recovery and investment activity. In contrast, manufacturing activity expanded for a fifth straight month. Total output expanded, while employment remained soft. Meanwhile, new orders continued to grow and supplier delivery times improved slightly but remained below the breakeven level.
2026-01-19