FX.co ★ New Zealand Composite PMI Dips from Over 3-Year Peak

The seasonally adjusted BusinessNZ Performance of Composite Index eased to 52.5 in January 2026, down from a more than three-year high of 53.9 in December. Manufacturing output remained robust despite a modest slowdown in the services sector. Output, new orders, and employment all stayed at solid levels, even as growth softened. Meanwhile, inventory accumulation slowed to a gentler pace, and delivery times shortened slightly.