Under the weather

Under the weather

New Zealand’s manufacturing sector continued its contraction in May, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for May was 48.9 (a PMI reading above 50.0 indicates that manufacturing is generally...
Under the weather

Little momentum

New Zealand’s manufacturing sector experienced another decline in activity during April, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for April was 49.1 (a PMI reading above 50.0 indicates that...
Under the weather

Headwinds ahead

New Zealand’s manufacturing sector experienced a decline in activity during March, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for March was 48.1 (a PMI reading above 50.0 indicates that manufacturing...
Under the weather

Small steps

New Zealand’s manufacturing sector experienced a further increase in expansion, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for February was 52.0 (a PMI reading above 50.0 indicates that manufacturing...
Under the weather

Positive start

New Zealand’s manufacturing sector saw a positive start to 2023 after three consecutive months of contraction, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for January was 50.8 (a PMI reading above 50.0...
Under the weather

Stuck in reverse

New Zealand’s manufacturing sector saw the same level of contraction in December that it experienced the previous month, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for December was 47.2 (a PMI reading...
Under the weather

Tougher times

New Zealand’s manufacturing sector saw deeper levels of contraction in November, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for November was 47.4 (a PMI reading above 50.0 indicates that manufacturing...
Under the weather

Common thread

New Zealand’s manufacturing sector fell into contraction for the first time in 2022, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for October was 49.3 (a PMI reading above 50.0 indicates...
Under the weather

Down a gear

New Zealand’s manufacturing sector saw an easing of expansion in September, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for September was 52.0 (a PMI reading above 50.0 indicates that...
Under the weather

Building blocks – PMI

New Zealand’s manufacturing sector saw another lift in expansion for August, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for August was 54.9 (a PMI reading above 50.0 indicates that...