New Zealand's Business NZ Performance of Manufacturing Index (PMI) remained unchanged at 49.9 in September 2025, as reported on October 9, 2025. The steady figure reflects ongoing caution and hesitance within the manufacturing sector amid global economic uncertainties.
The PMI, an indicator of manufacturing activity, held firm at the same figure from August, suggesting a continued contraction in the sector, as a reading below 50.0 denotes a decline in activity. This series of stagnant indicators underscores the challenges faced by the manufacturing industry, with potential implications for economic growth and employment within the country.
As manufacturers navigate a complex landscape of global supply chain disruptions and market volatility, the lack of movement in PMI underscores the need for strategic responses to fortify the sector. With regional partners also grappling with economic instability, the coming months are crucial for New Zealand's industry leaders and policymakers striving to reverse this trend and stimulate growth.
