The BusinessNZ Performance of Manufacturing Index in New Zealand rebounded by 11.7 points to an expansive 51.4 in September of 2021 from a downwardly revised 39.7 in the previous month. New orders were almost back to “normal” with a reading of 54.3 in September and the employment index remained well above its long-term average of 50.6, with a 54.4. The production index, however, at 49.9, was essentially flat, as was inventory, with its 50.1. Deliveries of raw materials, at 47.8, were still contracting, albeit not as rapidly as they were in August (33.1). source: Business New Zealand
Manufacturing PMI in New Zealand averaged 53.13 points from 2002 until 2021, reaching an all time high of 63.84 points in March of 2021 and a record low of 26.05 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 October of 2021.
Manufacturing PMI in New Zealand is expected to be 53.00 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 52.50 points in 2022, according to our econometric models.