BNZ – BusinessNZ
Performance of
Manufacturing
Index

The BNZ – BusinessNZ Performance of Manufacturing Index (PMI) is a monthly survey providing an early indicator of levels of activity in the New Zealand manufacturing sector.

BNZ – BusinessNZ PMI – October 2012

Holding on – PMI

NZ’s manufacturing sector returned to a minor level of expansion in October, although the sector remains in a flat state. The seasonally adjusted PMI for October was 50.5.

BNZ – BusinessNZ PMI – October 2012

Stuck in a rut – PMI

Despite a slight improvement from the previous month, NZ’s manufacturing sector remained stubbornly in contraction during September, with a seasonally adjusted PMI for September at 48.2.

Sponsor Statement

BNZ is delighted to be associated with the Performance of Manufacturing Index (PMI) and BusinessNZ.

This association brings together the significant experience of leading business advocacy body BusinessNZ, and business finance specialist BNZ.

We look forward to continuing our association with BusinessNZ and associated regional organisations, and to playing our part in the ongoing development of the New Zealand manufacturing sector.