Manufacturing Purchase Manager’s Index records business conditions in the manufacturing sector, which accounts for the overall economic sector. This indicator is estimated monthly by Business New Zealand. A value above 50.0 indicates industry expansion and below indicates contraction.
New Zealand’s Manufacturing PMI
| New Zealand’s Manufacturing PMI dropped on a monthly basis for June of 2017 by 3.44% compared to previous month’s value. Results were reported at 56.2, sliding down from previous month’s value of 58.2. Manufacturing PMI in New Zealandpeaked at an all-time high point of62.77 in June of 2004and hit rock-bottom at36.07 in November of 2008. |
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