New Zealand Manufacturing PMI 16 January 2020
New Zealand Manufacturing PMI 16 January 2020: 49.3 for December 2019, below the 50.6 forecast and down from 51.4 in November 2019. It is the lowest reading since September 2019. 7 of the last 9 releases came in below the forecast. Printed 49.3, below 50. It was released on Thu 16 Jan 2020 at 21:30 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.
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.

Cite this release
If you cite this release, please link to this page:
New Zealand Manufacturing PMI 16 January 2020: 49.3 vs 50.6 forecast (Business New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-pmi/2020-01-16