New Zealand Manufacturing PMI - Forecast

Manufacturing PMI in New Zealand is expected to be 55.22 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 55.39 in 12 months time. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 55.29 in 2020, according to our econometric models.


New Zealand Manufacturing PMI
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New Zealand Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence -27.2 -27.82 -25.13 -25.03 -25.4 -25.29
Manufacturing PMI 54.5 55.22 55.7 55.59 55.39 55.29
Industrial Production 3.1 4.5 3.2 2.8 3 3.4
Capacity Utilization 93.5 92.55 91.34 92.37 91.49 91.96
Changes in Inventories 565 305 183 163 174 184
Car Registrations 5998 5571 5610 5515 5499 5480
Internet Speed 14709 19425 20324 21208 22079 30799
IP Addresses 1778178 1840007 1841556 1840501 1837462 1760770
Services Pmi 57.3 57.69 57.54 57.54 57.57 57.64
Steel Production 61.12 55.22 55.36 55.86 55.61 55.5
Competitiveness Index 5.37 5.34 5.34 5.34 5.34 5.34
Competitiveness Rank 13 13 13 13 13 13
Composite Pmi 56.7 56.93 56.88 56.86 56.84 56.82
Ease of Doing Business 1 1 1 1 1 1
Corruption Index 89 89 89 89 89 89
Corruption Rank 1 1 1 1 1 1