New Zealand: Purchasing Managers Index (PMI), composite

(measure: index points, source: BusinessNZ)
* indicates monthly or quarterly data series

Purchasing Managers Index (PMI), composite in New Zealand, April, 2020: For that indicator, we provide data for New Zealand from April 2007 to April 2020. The average value for New Zealand during that period was 53.57 index points with a minimum of 24.03 index points in April 2020 and a maximum of 59.49 index points in July 2013. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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* indicates monthly or quarterly data series
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Measure: index points
Source: BusinessNZ

Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.
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