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NZ Manufacturing Booms: Highest Since 2021
16 Jan
Summary
- Manufacturing index reached 56.1, highest since 2021.
- New orders and production saw significant activity lifts.
- Positive comments from respondents increased to 57.1%.
New Zealand's manufacturing activity dramatically increased in December, achieving its highest point since 2021. The BusinessNZ performance of manufacturing index climbed to 56.1 points, a substantial rise from previous months and well above the survey's historical average. This robust performance suggests that recent interest rate adjustments are effectively stimulating the economy.
Key indicators within the manufacturing sector showed strong expansion. New orders reached their peak activity since July 2021, and production levels also saw a significant uplift. Employment within the sector continued its recovery, marking a positive shift after experiencing declines throughout 2025.
Overall confidence among respondents also improved, with positive comments increasing significantly. This economic momentum, observed even with persistent trade uncertainties, points towards a strong fourth quarter for New Zealand's GDP and a positive outlook for the new year.
