New Zealand Services Pmi  2007-2017 | Data | Chart | Calendar | Forecast

The Business NZ Performance of Services Index in New Zealand fell to 55.6 in October of 2017 from a downwardly revised 55.9 in September. The reading pointed to the softer expansion in the service sector in six months, as employment (51.2 compared to 53.7 in September); inventories (51.1 compared to 52.7) and supplier deliveries (52.8 compared to 53.5) slowed. Meanwhile, faster increases were seen in sales (58.0 compared to 56.6) and new orders (60.4 compared to 60.1). BNZ Senior Economist Doug Steel said that "These are robust results given the prevailing uncertainty surrounding the election, coalition negotiations, and government formation over the period”. Services Pmi in New Zealand averaged 54.39 from 2007 until 2017, reaching an all time high of 60.90 in April of 2007 and a record low of 44.70 in November of 2008.

New Zealand Services Pmi
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New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -39.30 -10.10 80.90 -76.40 [+]
Manufacturing PMI 57.70 57.20 62.80 36.10 [+]
Industrial Production 0.00 0.00 8.60 -10.20 percent [+]
Capacity Utilization 91.30 92.10 93.60 86.33 percent [+]
Changes in Inventories -228.00 338.00 906.00 -906.00 NZD Million [+]
Car Registrations 5545.00 5746.00 6933.00 810.00 Cars [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 55.60 55.90 60.90 44.70 [+]
Steel Production 56.52 45.29 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 5.37 5.31 5.37 4.91 Points [+]
Competitiveness Rank 13.00 13.00 25.00 13.00 [+]
Composite Pmi 56.80 57.90 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 90.00 88.00 96.00 88.00 Points [+]
Corruption Rank 1.00 4.00 4.00 1.00 [+]


New Zealand Services Pmi

The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - New Zealand Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Services Pmi - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
55.60 55.90 60.90 44.70 2007 - 2017 Monthly
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services pmi by Country
Country Last
Australia 51.70 Nov/17
Brazil 46.90 Nov/17
China 51.90 Nov/17
Euro Area 56.50 Dec/17
France 59.40 Dec/17
Germany 55.80 Dec/17
India 48.50 Nov/17
Italy 54.70 Nov/17
Japan 51.20 Nov/17
Russia 57.40 Nov/17
Spain 54.40 Nov/17
United Kingdom 53.80 Nov/17
United States 52.40 Dec/17