The BusinessNZ Performance of Services Index in New Zealand was little-changed at 54.6 in August 2019, compared to a revised 54.8 in the previous month. Of the main sub-indexes, production decreased 1.2 points to 56.1, while new orders 1.6 points to 56.8. Services Pmi in New Zealand averaged 54.44 from 2007 until 2019, reaching an all time high of 60.90 in April of 2007 and a record low of 44.70 in November of 2008.

Services Pmi in New Zealand is expected to be 54.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Pmi in New Zealand to stand at 55.00 in 12 months time. In the long-term, the New Zealand Services Pmi is projected to trend around 57.00 in 2020, according to our econometric models.

New Zealand Services Pmi
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New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -52.30 -44.30 80.90 -76.40 percent [+]
Manufacturing PMI 48.40 48.10 62.80 36.10 [+]
Industrial Production -0.40 2.10 17.60 -10.50 percent [+]
Capacity Utilization 93.70 92.80 93.70 86.33 percent [+]
Changes in Inventories 42.00 -220.00 769.00 -907.00 NZD Million [+]
Car Registrations 5037.00 4936.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 54.60 54.80 60.90 44.70 [+]
Steel Production 55.37 58.20 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 77.51 78.09 78.09 4.91 Points [+]
Competitiveness Rank 18.00 16.00 25.00 16.00 [+]
Composite Pmi 52.10 52.50 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 89.00 96.00 87.00 Points [+]
Corruption Rank 2.00 1.00 4.00 1.00 [+]


New Zealand Services Pmi

The Business NZ Performance of Services Index (PSI) is a composite index based on the diffusion indexes for sales, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the Services 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.60 54.80 60.90 44.70 2007 - 2019 Monthly
SA




Country Last Previous
Australia 51.40 Aug/19
Brazil 51.40 Aug/19
China 52.10 Aug/19
Euro Area 53.50 Aug/19
France 53.40 Aug/19
Germany 54.80 Aug/19
India 52.40 Aug/19
Italy 50.60 Aug/19
Japan 53.30 Aug/19
Russia 52.10 Aug/19
Spain 54.30 Aug/19
United Kingdom 50.60 Aug/19
United States 50.70 Aug/19


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