New Zealand’s manufacturing sector recorded its 11th consecutive month in expansion as activity in the sector rose during October, with a seasonally adjusted PMI for October at 55.7.
Benchmarking
Spring step – PSI
New Zealand’s services sector showed increased levels of expansion during September, with a seasonally adjusted PSI for September at 55.6.
New orders keep manufacturing on track – PMI
Continued high levels of new orders ensured the manufacturing sector remained in expansion, with a seasonally adjusted PMI for September at 54.3.
Holding pattern – PSI
New Zealand’s services sector displayed a lower level of expansion after recent record results, with a PSI for August at 53.2.
Tail wind continues – PMI
Manufacturing activity continues to push forward with another healthy month of expansion for August, with a seasonally adjusted PMI for August at 57.5.
New Zealand ‘18th most competitive’ nation
New Zealand is the 18th most competitive country in the world, according to this year’s Global Competitiveness Index.
Jubilant July – PSI
New Zealand’s service sector showed a jump in activity for July, with a PSI for July at 58.1.
Trend setter – PMI
Manufacturing activity for July continued the trend of healthy expansion in the sector, with a seasonally adjusted PMI for July at 59.5.
A for activity – PSI
New Zealand’s service sector remains at a consistent level of positive activity, with a seasonally adjusted PSI for June at 55.0.
Solid first half performance – PMI
Results for the month of June confirm a solid and expansionary first half of the year for the manufacturing sector, with a seasonally adjusted PMI for June at 54.7.
Brighter horizons – PSI
Service sector expansion for May continued a solid run of recent expansion with a seasonally adjusted PSI for May at 56.2.
Magic May – PMI
The manufacturing sector recorded its highest level of activity for almost nine years with a seasonally adjusted PMI for May at 59.2.