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New Zealand Business NZ Purchasing Managers Index (PMI)

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New Zealand Business NZ Purchasing Managers Index (PMI)

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Latest Release
Oct 10, 2024
Actual
46.9
Previous
45.8
The Business NZ Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion; a reading below 50 indicates contraction. It gives an indication about the health of the manufacturing section and production growth in New Zealand.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Business NZ
New Zealand Business NZ Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Nov 15, 2024 (Oct) 08:30     46.9
Oct 11, 2024 (Sep) 08:30 46.9   45.8
Sep 13, 2024 (Aug) 09:30 45.8   44.4
Aug 16, 2024 (Jul) 09:30 44.0   41.1
Jul 12, 2024 (Jun) 09:30 41.1   47.2
Jun 14, 2024 (May) 09:30 47.2   48.9

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Analysis

Business NZ PMI Discussion

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