New Zealand Manufacturing PMI - Forecast

Manufacturing PMI in New Zealand is expected to be 51.80 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 52.60 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.


Forecast Data Chart
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New Zealand Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence -50.3 -57 -56 -50 -46 15
Manufacturing PMI 52.05 51.8 52.3 53.1 52.6 54
Industrial Production 2.1 3.2 2.8 3 3.6 3.4
Capacity Utilization 92.8 93.02 92.47 92.48 92.48 92.68
Changes in Inventories 136 -300 450 600 80 380
Car Registrations 5365 6069 5906 5842 5821 5813
Internet Speed 14709 20324 21208 22079 22937 30799
IP Addresses 1778178 1880073 1899649 1894925 1902392 1908450
Services Pmi 53.2 54.13 57.54 54.66 54.68 54.68
Steel Production 61.84 54.89 56.21 56.2 56.06 55.92
Competitiveness Index 5.37 5.37 5.37 5.42 5.42 5.47
Competitiveness Rank 13 13 13 11 11 10
Composite Pmi 53.1 52.7 53.4 54.1 53.7 53.8
Ease of Doing Business 1 1 1 1 1 1
Corruption Index 89 90 90 90 90 90
Corruption Rank 1 2 2 2 2 2