FX.co ★ New Zealand's PMI Rebounds in July, Suggests Positive Economic Momentum

In a significant positive turn for New Zealand's manufacturing sector, the Business NZ Performance of Manufacturing Index (PMI) recorded a notable increase in July 2025. The PMI figure for the month rose to 52.8, a clear positive shift from the previous month's 48.8, which was reported in June 2025. This marks a departure from contraction to expansion in the sector's activity, fueled by increased new orders and production output.

The index's rise above the benchmark level of 50 indicates an increase in the activity level of the manufacturing industry, suggesting an overall improvement in the economic environment. This growth trajectory represents a robust response by the sector to the challenging economic conditions that have persisted in recent months. Market analysts are optimistic that this upward trend can be maintained through strategic government policies and increased international demand.

The updated data, released on 14 August 2025, reflects the resilience of New Zealand's manufacturing industry amidst global economic uncertainties. Business leadership and policymakers will be looking to sustain this momentum, focusing on supporting key initiatives that promote innovation and increase productivity across the sector.