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 that manufacturing is generally expanding; below 50.0 that it is declining). This...
Expansion levels for New Zealand’s services sector eased off in September, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for September was 55.8 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was down 2.8...
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 manufacturing is generally expanding; below 50.0 that it is declining). This was 2.8...
Expansion levels for New Zealand’s services sector saw a sizeable uplift in August, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for August was 58.6 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was...
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 manufacturing is generally expanding; below 50.0 that it is declining). This was 1.4...
Expansion levels for New Zealand’s services sector decreased in July, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for July was 51.2 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was down 3.5 points...
New Zealand’s manufacturing sector rose back into expansion for July, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for July was 52.7 (a PMI reading above 50.0 indicates that manufacturing is generally expanding; below 50.0 that it is declining). This was 2.7 points...
