New Zealand manufacturing PMI for March 53.2 (prior 53.9)

BNZ – BusinessNZ Efficiency of Manufacturing Index (PMI).

March 2025 53.2

• prior 53.9

Growth for a 3rd consecutive month

BusinessNZ’s Director, Advocacy Catherine Beard:

• “The sub-index values had been principally in enlargement throughout March.”

BNZ’s Senior Economist Doug Metal

• “the PMI helps the notion that manufacturing GDP has elevated in early 2025. The open query is what lies forward given latest excessive volatility on world markets following quickly evolving US-driven commerce coverage modifications. Dangers to the worldwide and NZ development outlook are downward”.

Bolding above is mine. This can’t be emphasised sufficient.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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