X

Business NZ PMI

The Business NZ PMI released by the Business NZ presents business conditions in New Zealand. The Business PMI is an important indicator of the overall economic condition. A result that values above 50 signals appreciates (or is bullish) for the NZD, whereas a result that values below 50 is seen as negative (or bearish).

Most recent - Thursday 9 November 2023 21:30

Previous
45.3
Revised
-
Forecast
-
Actual
42.5

Next event - Thursday 14 December 2023 21:30

Previous
42.5
Forecast
-
Actual
-

The typical/expected impact on NZD pairs is medium.

There is no forecast value for Business NZ PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Business NZ PMI was 42.5.

Past events

Date
Forecast
Actual
Thursday 9 November 2023 21:30
-
42.5
Thursday 12 October 2023 21:30
-
45.3
Thursday 14 September 2023 22:30
-
46.1
Thursday 10 August 2023 22:30
49.4
46.3
Wednesday 12 July 2023 22:30
49.8
47.5
Thursday 15 June 2023 22:30
50.2
48.9
Thursday 11 May 2023 22:30
50.7
49.1
Thursday 13 April 2023 22:30
51
48.1
Thursday 9 March 2023 21:30
-
52
Thursday 9 February 2023 21:30
51.6
50.8
Thursday 19 January 2023 21:30
52
47.2
Thursday 15 December 2022 21:30
-
47.4
Thursday 10 November 2022 21:30
52.7
49.3
Thursday 13 October 2022 21:30
52.5
52
Thursday 15 September 2022 22:30
52.5
54.9
Thursday 11 August 2022 22:30
52.5
52.7
Thursday 14 July 2022 22:30
52.7
49.7
Thursday 16 June 2022 22:30
52.7
52.9
Thursday 12 May 2022 22:30
52.8
51.2
Wednesday 13 April 2022 21:30
53.7
53.8
Thursday 10 March 2022 21:30
54.5
53.6
Thursday 10 February 2022 21:30
55.3
52.1
Thursday 20 January 2022 21:30
56
53.7
Thursday 9 December 2021 21:30
56.7
50.6
Thursday 11 November 2021 21:30
-
54.3
Thursday 14 October 2021 22:30
-
51.4
Thursday 16 September 2021 22:30
-
40.1
Thursday 12 August 2021 22:30
56.6
62.6
Thursday 15 July 2021 22:30
55.8
60.7
Thursday 10 June 2021 22:30
54.4
58.6
Thursday 13 May 2021 22:30
-
58.4
Thursday 15 April 2021 22:30
51.3
63.6
Thursday 11 March 2021 21:30
49.8
53.4
Thursday 11 February 2021 21:30
48.2
57.5
Thursday 21 January 2021 21:30
-
48.7
Thursday 10 December 2020 21:30
-
55.3

Economic context

Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PMI result:

PreviousLatest
Building Permits s.a. (MoM)Bullish change-4.6%8.7%
RBNZ Interest Rate Decision(no change)5.5%5.5%
Retail Sales (QoQ)Bullish change-0.9%0%
Retail Sales ex Autos (QoQ)Bullish change-1.6%1%
ExportsBullish change$4.77B$5.4B
ImportsBearish change$7.19B$7.11B
Trade Balance NZD (YoY)Bullish change$-15.41B$-14.81B

About Business NZ PMI

Country:New Zealand
Currency:NZD
Source:Business NZ
Category:Economic Activity
Frequency:Monthly

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