Manufacturing PMI in New Zealand decreased to 55.20 points in January from 56.10 points in December of 2025. Manufacturing PMI in New Zealand averaged 52.46 points from 2002 until 2026, reaching an all time high of 64.40 points in March of 2021 and a record low of 26.00 points in April of 2020. source: Business New Zealand

Manufacturing PMI in New Zealand is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 51.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 53.00 47.00 Individuals Dec 2025
ANZ Business Confidence 64.10 73.60 points Jan 2026
NZIER Capacity Utilization 89.80 89.10 percent Dec 2025
Car Registrations 3015.00 3510.00 Units Dec 2025
Changes in Inventories -429.00 -45.00 NZD Million Sep 2025
Corruption Index 81.00 83.00 Points Dec 2025
Corruption Rank 4.00 4.00 Dec 2025
Industrial Production -0.70 -4.80 percent Sep 2025
Manufacturing Sales YoY 0.90 -0.50 percent Sep 2025


New Zealand Manufacturing PMI
The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

News Stream
NZ Manufacturing Activity Hits 3-Year High in December
The BusinessNZ Performance of Manufacturing Index (PMI) in New Zealand rose to 56.1 in December, up from 51.4 in November, marking the highest level of activity since December 2021. The result capped a year in which eight of the twelve months showed expansion, highlighting steady growth in the sector. All five sub-indexes were in expansion, led by New Orders at 59.8, the strongest reading since July 2021, while Production climbed to 57.4 and Employment recovered to 53.8. Positive sentiment among manufacturers also improved, with 57.1% of respondents reporting favorable conditions, up from 54.4% in November and 45.9% in October. Growth was largely supported by seasonal Christmas demand, boosting domestic sales, orders, and short-term workloads. Additional factors included stronger business and consumer confidence, higher export and forward orders, and gains from new customers, products, and infrastructure projects.
2026-01-15
New Zealand Factory Activity Remains in Expansion
The BusinessNZ Performance of Manufacturing Index (PMI) in New Zealand rose to 51.4 in November, up 0.2 points from October’s 51.2. Among the five main sub-indices, four showed expansion, with New Orders (51.9 vs. 54.5 in October), Production (52.8 vs. 52.0), Employment (52.4 vs. 48.3) and Finished Stocks (50.5 vs. 51.3) in expansion. Deliveries of Raw Materials (49.0 vs. 50.3) fell into contraction. Although negative sentiment among respondents eased to 45.6% in November from 54.1% in October, manufacturers reported a lift in demand driven by seasonal Christmas activity, improving economic conditions and rising customer confidence. The data indicate that while the PMI has settled above the breakeven 50 mark, momentum remains modest and recovery is uneven.
2025-12-11
New Zealand Factory Activity Returns to Expansion in October
The BusinessNZ Performance of Manufacturing Index (PMI) in New Zealand rose to 51.4 in October, up 1.3 points from September’s 50.1. Among the five main sub-indices, four showed expansion, with New Orders (54.9 vs. 50.5 in September), Deliveries of Raw Materials (50.6 vs. 51.2), Production (52.0 vs. 50.5) and Finished Stocks (51.3 vs. 50.7) remained in expansion. Employment (48.1 vs. 47.7) continued in contraction. Although negative sentiment among respondents eased slightly to 54.1% in October from 60.2% in September, many manufacturers continue to face flat sales, cautious customers, rising costs, and global uncertainty. The data indicates that recovery in the sector is uneven, with growth emerging slowly and inconsistently.
2025-11-13