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BNZ-Business NZ PMI close
# Revised Better / Worse Units: index
Impact Actual Forecast Previous Time Date
Med 48.20 53.80 17:30 5/9


Business NZ


A survey on New Zealand's manufacturing sector.



Why should I care?

The monthly survey can be an early indicator of activity levels in New Zealand's manufacturing sector. A figure higher than 50 means that the sector is expanding.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: May 9, 2012 17:30
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