New Zealand Manufacturing PMI

New Zealand Manufacturing PMI 16 May 2019

New Zealand Manufacturing PMI 16 May 2019: 53 for April 2019, below the 54.5 forecast and against 52.0 in March 2019 (first reported as 51.9). It is the second release in a row below the forecast. Printed 53, above 50. It was released on Thu 16 May 2019 at 22:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Business New Zealand. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
53
April 2019
Forecast
54.5
The market consensus
Previous
52.0
As the source gives it

What a print like this usually does

Below the forecast: A weaker-than-expected reading, particularly a deeper fall below 50, can weigh modestly on the NZD as evidence of manufacturing contraction.

New Zealand Manufacturing PMI 16 May 2019: 53 for April 2019 against a 54.5 forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

New Zealand Manufacturing PMI 16 May 2019: 53 vs 54.5 forecast (Business New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-pmi/2019-05-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 May 2019Apr5354.552.0
11 Apr 2019Mar51.954.453.4
14 Mar 2019Feb53.7—53.0
14 Feb 2019Jan53.1—54.8
17 Jan 2019Dec55.1—53.7
13 Dec 2018Nov53.5—53.7
15 Nov 2018Oct53.5—51.7
11 Oct 2018Sep51.7—52.0
13 Sep 2018Aug52.0—51.2
9 Aug 2018Jul51.2—52.8
12 Jul 2018Jun52.8—54.5
14 Jun 2018May54.5—58.9