Purchasing Managers Index (PMI), composite in New Zealand, April 2007 - April 2022:
For that indicator, we provide data for New Zealand from April 2007 to April 2022. The average value for New Zealand during that period was 53.32 index points with a minimum of 26.5 index points in April 2020 and a maximum of 60.3 index points in June 2021.
Click on the following link to see the values of Purchasing Managers Index (PMI), composite
around the world.
Longer historical series
* indicates monthly or quarterly data series
Measure: index points
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.