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 expanding; below 50.0 that it is declining). The latest result was...
New Zealand’s services sector went into contraction for the first time since February 2022, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for April was 49.8 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining)....
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 manufacturing is generally expanding; below 50.0 that it is declining). Although this...
Expansion levels for New Zealand’s services sector decreased in March, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for March was 54.4 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was down 1.4...
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 is generally expanding; below 50.0 that it is declining). This was...
Expansion levels for New Zealand’s services sector lifted again during February, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for January 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 up...
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 is generally expanding; below 50.0 that it is declining). This was 0.8...
Expansion levels for New Zealand’s services sector lifted during the first month of 2023, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for January was 54.5 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining)....
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 indicates that manufacturing is generally expanding; below 50.0 that...
Expansion levels for New Zealand’s services sector continued to lower in December, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for December was 52.1 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was...
