BusinessNZ Performance of Manufacturing Index (PMI) for October 2025 jumps to 51.4
- September was 50.1, revised from 49.9 g run average for this indicator is 52.4
- 4 of the 5 five sub-index values were in expansion during October (employment remained in contraction for the sixth consecutive month
BNZ’s Senior Economist Doug Steel:
- the lift to 51.4 from September’s 50.1 isn’t large, but it has moved the right way
- The October result sees the PMI now boasting four consecutive months above the breakeven 50 mark for the first time in three years
This article was written by Eamonn Sheridan at investinglive.com.