Forex Fundamentals
New Zealand Manufacturing PMI

New Zealand Manufacturing PMI 12 July 2023

New Zealand Manufacturing PMI 12 July 2023: 47.36 for June 2023, below the 49.8 forecast and down from 48.9 in May 2023. It is the lowest reading since December 2022. It is the second release in a row below the forecast. Printed 47.36, below 50. It was released on Wed 12 Jul 2023 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
47.36
June 2023
Forecast
49.8
The market consensus
Previous
48.9
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 12 July 2023: 47.36 for June 2023 against a 49.8 forecast, with the last 12 releases
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New Zealand Manufacturing PMI 12 July 2023: 47.36 vs 49.8 forecast (Business New Zealand). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/nz-pmi/2023-07-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Jul 2023Jun47.3649.848.9
15 Jun 2023May48.9—49.1
11 May 2023Apr49.150.748.1
13 Apr 2023Mar48.1—51.7
9 Mar 2023Feb52—50.8
9 Feb 2023Jan50.8—47.8
19 Jan 2023Dec47.2—47.4
15 Dec 2022Nov47.4—49.3
10 Nov 2022Oct49.3—52
13 Oct 2022Sep52—54.9
15 Sep 2022Aug54.9—53.5
11 Aug 2022Jul52.7—50
The release before:New Zealand Manufacturing PMI 15 June 2023The release after:New Zealand Manufacturing PMI 10 August 2023New Zealand Manufacturing PMI: every recent resultThis week’s economic calendar