New Zealand Manufacturing PMI

Last Release

Nov 30, 2025

Actual

51.4

Units In

Points

51.2

Frequency

Monthly

Next Release

Jan 15, 2026

Time to Release

1 Months 1 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
63.9 Mar 2021	25.82 Apr 2020	52.45 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 rose to 51.4 in November, up 0.2 points from October’s 51.2. Among the five main sub-indices, four showed expansion, with New Orders (51.9 vs. 54.5 in October), Production (52.8 vs. 52.0), Employment (52.4 vs. 48.3) and Finished Stocks (50.5 vs. 51.3) in expansion. Deliveries of Raw Materials (49.0 vs. 50.3) fell into contraction. Although negative sentiment among respondents eased to 45.6% in November from 54.1% in October, manufacturers reported a lift in demand driven by seasonal Christmas activity, improving economic conditions and rising customer confidence. The data indicate that while the PMI has settled above the breakeven 50 mark, momentum remains modest and recovery is uneven.