New Zealand Manufacturing PMI  Forecast


New Zealand Manufacturing PMI
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Manufacturing PMI in New Zealand is expected to be 56.24 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 54.40 in 12 months time. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 53.65 in 2020, according to our econometric models.


New Zealand Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence -39.3 -46 -31.18 -24.05 -18.16 0.57
Manufacturing PMI 57.2 56.24 55.36 54.79 54.4 53.65
Industrial Production 0 0.22 0.4 0.54 0.65 1.06
Capacity Utilization 91.3 90.9 90.75 90.73 90.77 90.96
Changes in Inventories -228 116 115 198 187 171
Car Registrations 5545 5486 5338 5214 5095 4222
Internet Speed 14709 17960 18632 19435 20405 23550
IP Addresses 1778178 1826056 1835372 1840007 1841556 1790634
Services Pmi 55.6 56.01 56 55.95 55.89 55.54
Steel Production 56.52 57.45 62.23 64.42 65.51 66.75
Competitiveness Index 5.37 5.34 5.34 5.34 5.34 5.34
Competitiveness Rank 13 13 13 13 13 16
Composite Pmi 56.8 56.36 56.04 55.78 55.55 54.7
Ease of Doing Business 1 1 1 1 1 3
Corruption Index 90 90 90 90 90 91
Corruption Rank 1 1 1 2 2 2