New Zealand Manufacturing PMI

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.