Surveys & Statistics

Manufacturing activity showed expansion for the third consecutive month, providing a solid if unspectacular end to 2009, with a seasonally adjusted PMI for November at 51.8....
After three months of expansion, the service sector fell flat during October, with a seasonally adjusted PSI for October at 49.9....
Expansion dipped in October after gradual improvements in activity during the second half of 2009, with a seasonally adjusted PMI for October at 50.6....
The first month of Spring brought about continued upwards expansion in the service sector, with a seasonally adjusted PSI for September at 53.2....
Expansion across most sub-indices meant overall manufacturing expanded for the first time since April 2008, with a seasonally adjusted PMI for September at 51.7....
The service sector continued on its road to recovery as the August result provided the first consecutive monthly expansion since early 2008, with a seasonally adjusted PSI for August at 51.3....
A lower result for both production and new orders meant activity fell back for August, with a seasonally adjusted PMI for August at 48.7....
The service sector showed its first sign of expansion (albeit at a very modest level) for the first time since March 2008, with a seasonally adjusted PSI for July at 50.1....
A positive result for both production and new orders helped push manufacturing activity further out of the doldrums in July, with a seasonally adjusted PMI for July at 49.7....
A relaxation of New Zealand’s Migrant Investment Policy has been welcomed by BusinessNZ....