A drop in expansion meant the service sector only just managed to keep on the positive side, with a seasonally adjusted PSI for October at 50.6.
A drop in expansion meant the service sector only just managed to keep on the positive side, with a seasonally adjusted PSI for October at 50.6.
After six consecutive months of expansion, manufacturing activity fell into contraction during October, with a seasonally adjusted PMI for October at 46.5.
The service sector remains within a very tight band of expansion that has now continued for three months, with a seasonally adjusted PSI for September at 53.2.
Despite another dip in expansion, manufacturing activity managed to keep its head above water, with a seasonally adjusted PMI for September at 50.8.
Continuing healthy levels of new business/orders and activity/sales kept the service sector in expansion for August, with a seasonally adjusted PSI for August at 53.9.
August saw a mix of results that kept manufacturing in expansionary mode, with a seasonally adjusted PMI for August at 52.9.
The service sector experienced a solid if unspectacular result halfway through 2011, with a seasonally adjusted PSI for July at 54.5.
July saw ongoing durability in New Zealand’s manufacturing sector, partly aided by our trans-Tasman cousins, with a seasonally adjusted PMI for July at 53.2.
The service sector continues to roll into higher levels of expansion, with a seasonally adjusted PSI for June at 54.7.
Activity in the manufacturing sector for June saw an ongoing and steady level of expansion, with a seasonally adjusted PMI for June at 54.3.
The service sector continued to show improvement in expansion during May, although at a slow pace, with a seasonally adjusted PSI for May at 52.8.
The month of May saw the manufacturing sector continue its march towards stronger expansion, with a seasonally adjusted PMI for May at 54.7.