New Zealand Manufacturing PMI - Forecast

Manufacturing PMI in New Zealand is expected to be 54.11 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 54.02 in 12 months time. In the long-term, the New Zealand Manufacturing PMI is projected to trend around 53.98 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 -44.9 -36.2 -32.2 -33.8 -33.6 -31
Manufacturing PMI 51.21 54.11 54.2 54.09 54.02 53.98
Industrial Production 3.1 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 565 183 163 174 182 184
Car Registrations 6446 6125 5973 5918 5900 5894
Internet Speed 14709 20324 21208 22079 22937 30799
IP Addresses 1778178 1880073 1899649 1894925 1902392 1908450
Services Pmi 55.1 54.13 57.54 54.66 54.68 54.68
Steel Production 51.68 54.29 54.76 54.77 54.7 54.63
Competitiveness Index 5.37 5.37 5.37 5.42 5.42 5.47
Competitiveness Rank 13 13 13 11 11 10
Composite Pmi 56.7 56.88 56.86 56.84 56.83 56.82
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