New Zealand Manufacturing PMI

Last Release

Aug 31, 2025

Actual

49.9

Units In

Points

52.8

Frequency

Monthly

Next Release

Oct 09, 2025

Time to Release

27 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
63.9 Mar 2021	25.82 Apr 2020	52.46 Points	2002-2025	Business New Zealand

The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Latest Updates

The BusinessNZ Performance of Manufacturing Index (PMI) in New Zealand fell to 49.9 in August, down 2.9 points from July’s 52.8. The reading highlights that manufacturing has yet to achieve sustained growth following an extended period of decline through 2023 and 2024. Among the five main sub-indices, only New Orders (55.2 vs. 54.5 in July) and Deliveries of Raw Materials (50.5 vs. 52.1) showed expansion, while Production (46.6 vs. 53.3), Employment (49.1 vs. 50), and Finished Stocks (47.1 vs. 51.4) remained in contraction. Although negative sentiment among respondents eased slightly to 58.1% in August from 65.5% in June, many manufacturers continue to face flat sales, cautious customers, rising costs, and global uncertainty. The data indicates that recovery in the sector is uneven, with growth emerging slowly and inconsistently.