New Zealand’s manufacturing sector is showing early signs of recovery after an improvement in the Business NZ Performance of Manufacturing Index (PMI) for June 2025. According to the latest data released on 10 July 2025, the PMI climbed to 48.8, up from 47.5 in May 2025.
The uptick brings the PMI closer to the crucial 50-point mark, which separates expansion from contraction, signaling that the manufacturing sector is edging towards growth after a period of decline. Although still below 50, this incremental rise suggests a positive shift in business activity and a potential turnaround for the sector, which has been under strain in recent months.
Economists and market analysts view this modest increase in the PMI as an encouraging sign of stabilizing conditions. Businesses and investors alike appear cautiously optimistic as they anticipate whether this upward trend will continue in the coming months, drawing attention to subsequent data releases that could confirm a return to expansion territory for New Zealand’s manufacturing industry.
