New Zealand: Purchasing Managers Index (PMI), manufacturing

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

Purchasing Managers Index (PMI), manufacturing in New Zealand, April, 2020: For that indicator, we provide data for New Zealand from August 2002 to April 2020. The average value for New Zealand during that period was 53.05 index points with a minimum of 26.1 index points in April 2020 and a maximum of 62.77 index points in June 2004. Click on the following link to see the values of Purchasing Managers Index (PMI), manufacturing around the world.
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Measure: index points
Source: BusinessNZ

Definition: The manufacturing Purchasing Managers Index (PMI) is an indicator of economic health for the manufacturing sector. 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 sector is based on questionnaire responses that cover the following economic variables: output, new orders, new export orders, backlogs of work, output prices, input prices, suppliers’ delivery times, stocks of finished goods, quantity of purchases, stocks of purchases, employment, future output. The manufacturing 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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