New Zealand’s services sector continued to show solid levels of expansion in May, according to the BNZ – BusinessNZ Performance of Services Index.
Surveys & Statistics
Pumping production – PMI
The seasonally adjusted PMI for May was 57.1. This was 0.5 points higher than April, and the highest level of expansion since January.
Positive Stance
New Zealand’s services sector experienced increased levels of expansion in April according to the BNZ – BusinessNZ Performance of Services Index (PSI).
On the up – PMI
New Zealand’s manufacturing sector experienced a lift in expansion for April, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
Autumn tinge – PMI
New Zealand’s manufacturing sector continued to experience a slower rate of expansion in March, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index
Solid territory – PSI
New Zealand’s services sector experienced slower levels of expansion in March according to the BNZ – BusinessNZ Performance of Services Index.
Increased pace – PSI
New Zealand’s services sector experienced increased levels of expansion in February, according to the BNZ – BusinessNZ Performance of Services Index.
February pause – PMI
New Zealand’s manufacturing sector experienced a slower rate of expansion in February, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index.
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).