The services sector showed an upswing in expansion during July, with a seasonally adjusted PSI for July at 58.4.
Benchmarking
Stability continues – PMI
The manufacturing sector continues to show expansion at a moderate but consistent level, with a seasonally adjusted PMI for July at 53.0.
Holding the line – PSI
The services sector showed improved expansion levels in June, with a seasonally adjusted PSI for June at 54.7.
Staying the course – PMI
The manufacturing sector remains in expansion mode, despite some aspects of the results that need to be watched closely in the months ahead, with a seasonally adjusted PMI for June at 53.3.
Cold snap – PSI
Expansion in the services sector eased back during May, with a seasonally adjusted PSI for May at 54.2.
Middling May – PMI
Although still in positive territory, a second consecutive slowdown in expansion meant the manufacturing sector was at similar levels last seen over a year ago, with a seasonally adjusted PMI for May at 52.7.
Top service – PSI
Activity in the services sector continued its upwards momentum during April, with a seasonally adjusted PSI for April at 58.9.
Autumn tinge – PMI
Despite a dip, New Zealand’s manufacturing sector remains in solid expansion, with a seasonally adjusted PMI for April at 55.2.
Labour’s manufacturing policy a good contribution
ManufacturingNZ Executive Director Catherine Beard says Kiwi manufacturers will welcome some of the ideas in Labour’s manufacturing policy announced today, however some areas need more work.
Indian Summer – PSI
Activity in the services sector was back on track in March after a dip in expansionary levels during the previous month, with a seasonally adjusted PSI for March at 58.3.
Marching onwards – PMI
Activity in New Zealand’s manufacturing sector continued to march onwards, with a seasonally adjusted PMI for March at 58.4
ExportNZ welcomes increased help for exporters
ExportNZ Executive Director Catherine Beard welcomes the Government’s announcement of more assistance for exporters, in particular the increased resources to be based in the China, South America and the Middle East region.