New Zealand’s manufacturing sector continued its expansionary path for October. The seasonally adjusted PMI for October was 53.3, although this was 1.7 points lower than September, the level of expansion was still healthy. The sector has now been in continued expansion since October 2012.
Economy & Tax
Sizzling September – PSI
Activity in New Zealand’s services sector continued its upwards momentum, according to the BNZ – BusinessNZ Performance of Services Index (PSI)
Steady operator – PMI
New Zealand’s manufacturing sector experienced an increase in expansion during September, with a seasonally adjusted PMI for September at 55.4
Onwards and upwards – PSI
Activity in New Zealand’s services sector reached higher levels in August, with a seasonally adjusted PSI for August at 58.2.
Balancing act – PMI
New Zealand’s manufacturing sector experienced an increase in expansion during August, with a seasonally adjusted PMI for June at 55.0
In the zone – PSI
The Performance of Services Index maintained a solid growth pulse in July. It all suggests a decent start to the third quarter of the year for a big chunk of the economy.
Positive frame of mind – PMI
New Zealand’s manufacturing sector had a seasonally adjusted PMI for July at 53.5. Although this was 1.6 points lower than June, it was still the second highest result for the last four months.
Humming along – PSI
New Zealand’s services sector held its own in June as activity remained at a healthy level of expansion, with a seasonally adjusted PSI for June at 58.2
Tax suggestion constructive
BusinessNZ says Labour’s proposal for provisional tax is a constructive step.
Expansion reigns – PMI
New Zealand’s manufacturing sector experienced an increase in expansion during June, with a seasonally adjusted PMI for June at 55.2
The economy – down a gear as risks remain
New Zealand’s economic fundamentals are pointing in the right direction but growth is slowing, according to the BusinessNZ Planning Forecast for the June 2015 quarter
TPP momentum good for New Zealand
New momentum towards the Trans Pacific Partnership is good news for New Zealand, says BusinessNZ.