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New Zealand Business NZ Purchasing Managers Index (PMI)

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New Zealand Business NZ Purchasing Managers Index (PMI)

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Latest Release
Mar 09, 2023
Actual
52.0
Previous
50.8
The Business NZ Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion; a reading below 50 indicates contraction. It gives an indication about the health of the manufacturing section and production growth in New Zealand.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Business NZ
New Zealand Business NZ Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Apr 13, 2023 (Mar) 18:30     52.0
Mar 09, 2023 (Feb) 17:30 52.0   50.8
Feb 09, 2023 (Jan) 17:30 50.8   47.2
Jan 19, 2023 (Dec) 17:30 47.2   47.4
Dec 15, 2022 (Nov) 17:30 47.4   49.3
Nov 10, 2022 (Oct) 17:30 49.3   51.7

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Business NZ PMI Discussion

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All Comments (4)
TUSE Ali
TUSE Ali Jun 11, 2020 11:30AM ET
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PMI will more likely to seize around @ 32.2 higher than forecast, this will implies under lot of pressure on the side of PMI if so this will highlighted on the negative side yet bellow contraction of reading ... for Sell.
John Konor
John Konor Sep 13, 2018 6:12PM ET
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NZDUSD SELL
Si Tg
Si Tg Aug 13, 2014 6:49PM ET
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dont knw not sure
john smith
john smith Jul 09, 2014 6:19PM ET
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how do you think NSDUSD will react?
 
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