New Zealand’s manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index.
Surveys & Statistics
PMI
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.
PSI
The BNZ – BusinessNZ Performance of Services Index (PSI) is a monthly survey providing an early indicator of levels of activity in the New Zealand service sector.
Release Date Schedule
Release Date Schedule for both the Performance of Manufacturing Index (PMI) and the Performance of Services Index (PSI)
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Holiday Mode – PSI
New Zealand’s services sector began 2016 with a solid level of expansion. The PSI for January was 55.4, while this was 3.1 points lower than December it still represented healthy activity in the sector.
Sizzling Summer – PMI
New Zealand’s manufacturing sector started 2016 with continued strength, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index
Ending on a high note – PMI
New Zealand’s manufacturing sector recorded its highest month of expansion for 2015, The sector has now been in continued expansion since October 2012.
On a High – PSI
Activity in New Zealand’s services sector rose to its highest level since November 2007, according to the BNZ – BusinessNZ Performance of Services Index (PSI).
Steady state
New Zealand’s manufacturing sector remained in a steady state of expansion. The seasonally adjusted PMI for November was 54.7, 1.5 points higher than October.
2015 Export Survey Findings
The 2015 Exporters Survey was in the field between August and September 2015. There were 205 responses with the majority identifying themselves as manufacturers (49%) with the second biggest category being from the Agriculture, Forestry or Fishing sectors, 15%.
In the groove – PSI
Despite a softer result in October, activity in New Zealand’s services sector continued to show expansion, according to the BNZ – BusinessNZ Performance of Services Index (PSI).
Offshore Boost – PMI
New Zealand’s manufacturing sector continued its expansionary path for October. The seasonally adjusted PMI for October was 53.3, although this was 1.7 points lower than September, the level of expansion was still healthy. The sector has now been in continued expansion since October 2012.
Sizzling September – PSI
Activity in New Zealand’s services sector continued its upwards momentum, according to the BNZ – BusinessNZ Performance of Services Index (PSI)
Steady operator – PMI
New Zealand’s manufacturing sector experienced an increase in expansion during September, with a seasonally adjusted PMI for September at 55.4
Onwards and upwards – PSI
Activity in New Zealand’s services sector reached higher levels in August, with a seasonally adjusted PSI for August at 58.2.