The Business NZ Performance of Manufacturing Index (PMI) is a monthly survey that provides an early indicator of the health of the New Zealand manufacturing sector. A reading above 50.0 indicates expansion in the sector, while a reading below 50.0 indicates contraction. It covers key areas such as new orders, production, employment, and inventories. It is highly regarded for its timeliness and correlation with broader economic growth.
The index is based on a survey of manufacturing firms across New Zealand. It is a diffusion index calculated from five major components: new orders, output, employment, stock levels, and deliveries.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 10, 2026 | — | 54.00 | — |
| Aug 13, 2026 | 54.30 | 58.40 | -4.10 |
| Jul 8, 2026 | 60.10 | 49.00 | +11.10 |
| Jun 11, 2026 | 51.30 | 50.00 | +1.30 |
| May 14, 2026 | 50.40 | 50.50 | -0.10 |
| Apr 9, 2026 | 52.80 | 55.60 | -2.80 |
| Mar 12, 2026 | 55.00 | 54.60 | +0.40 |
| Feb 13, 2026 | 55.20 | 55.00 | +0.20 |
| Jan 15, 2026 | 56.10 | 51.60 | +4.50 |
| Dec 11, 2025 | 51.40 | 50.50 | +0.90 |
| Nov 13, 2025 | 51.40 | 50.30 | +1.10 |
| Oct 9, 2025 | 49.90 | 50.90 | -1.00 |
| Sep 11, 2025 | 49.90 | 51.50 | -1.60 |
| Aug 14, 2025 | 52.80 | 49.20 | +3.60 |
| Jul 10, 2025 | 48.80 | 48.00 | +0.80 |
| Jun 12, 2025 | 47.50 | 53.70 | -6.20 |
| May 15, 2025 | 53.90 | 53.00 | +0.90 |
| Apr 10, 2025 | 53.20 | 53.30 | -0.10 |
| Mar 13, 2025 | 53.90 | 51.00 | +2.90 |
| Feb 13, 2025 | 51.40 | 46.00 | +5.40 |
| Jan 16, 2025 | 45.90 | 46.80 | -0.90 |
| Dec 12, 2024 | 45.50 | 46.20 | -0.70 |
| Nov 14, 2024 | 45.80 | 47.50 | -1.70 |
| Oct 10, 2024 | 46.90 | 46.50 | +0.40 |
| Sep 12, 2024 | 45.80 | 47.00 | -1.20 |
| Aug 15, 2024 | 44.00 | 42.50 | +1.50 |
| Jul 11, 2024 | 41.10 | 46.80 | -5.70 |
| Jun 13, 2024 | 47.20 | 49.20 | -2.00 |
| May 9, 2024 | 48.90 | 48.50 | +0.40 |
| Apr 11, 2024 | 47.10 | 50.00 | -2.90 |
| Mar 14, 2024 | 49.30 | 48.10 | +1.20 |
| Feb 15, 2024 | 47.30 | 45.30 | +2.00 |
| Jan 18, 2024 | 43.10 | 47.80 | -4.70 |
| Dec 14, 2023 | 46.70 | 42.00 | +4.70 |
| Nov 9, 2023 | 42.50 | 45.00 | -2.50 |
| Oct 12, 2023 | 45.30 | 46.90 | -1.60 |
| Sep 14, 2023 | 46.10 | — | — |
| Aug 10, 2023 | 46.29 | 49.40 | -3.11 |
| Jul 12, 2023 | 47.36 | 49.80 | -2.44 |
| Jun 15, 2023 | 48.90 | — | — |
| May 11, 2023 | 49.10 | 50.70 | -1.60 |
| Apr 13, 2023 | 48.10 | — | — |
| Mar 9, 2023 | 52.00 | — | — |
| Feb 9, 2023 | 50.80 | — | — |
| Jan 19, 2023 | 47.20 | — | — |
| Dec 15, 2022 | 47.40 | — | — |
| Nov 10, 2022 | 49.30 | — | — |
| Oct 13, 2022 | 52.00 | — | — |
| Sep 15, 2022 | 54.90 | — | — |
| Aug 11, 2022 | 52.70 | — | — |
| Jul 14, 2022 | 49.70 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 8, 2026 | 59.7 | 60.1 | +0.40 ↑ |
| Jun 11, 2026 | 49.9 | 51.3 | +1.40 ↑ |
| May 14, 2026 | 50.5 | 50.4 | -0.10 ↓ |
| Apr 9, 2026 | 53.2 | 52.8 | -0.40 ↓ |
