New Zealand’s services sector displayed a lower level of expansion after recent record results, with a PSI for August at 53.2.
Surveys & Statistics
Tail wind continues – PMI
Manufacturing activity continues to push forward with another healthy month of expansion for August, with a seasonally adjusted PMI for August at 57.5.
Jubilant July – PSI
New Zealand’s service sector showed a jump in activity for July, with a PSI for July at 58.1.
Trend setter – PMI
Manufacturing activity for July continued the trend of healthy expansion in the sector, with a seasonally adjusted PMI for July at 59.5.
A for activity – PSI
New Zealand’s service sector remains at a consistent level of positive activity, with a seasonally adjusted PSI for June at 55.0.
Solid first half performance – PMI
Results for the month of June confirm a solid and expansionary first half of the year for the manufacturing sector, with a seasonally adjusted PMI for June at 54.7.
Brighter horizons – PSI
Service sector expansion for May continued a solid run of recent expansion with a seasonally adjusted PSI for May at 56.2.
Magic May – PMI
The manufacturing sector recorded its highest level of activity for almost nine years with a seasonally adjusted PMI for May at 59.2.
Golden weather continues – PSI
Service sector expansion for April built on the solid performance of the previous two months. The PSI for April was 56.1.
New order momentum – PMI
Continued momentum for new orders in the manufacturing sector contributed to a lift in the sector’s expansion rate. The seasonally adjusted PMI for April was 54.5.
Cautious optimism in employment data
BusinessNZ has greeted the latest employment survey with cautious optimism.
Consistent performer – PSI
Service sector expansion for March was almost identical to the previous month, with a seasonally adjusted PSI for March at 55.4.