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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Manufacturing Sales YoY climbed to 2.8% in January 2026
FMPMonthlyReleased June 2026
New Zealand Manufacturing Sales YoY climbed to 2.8% in January 2026, released June 2026, up 3.5% from December's -0.7% reading. The print exceeded the -0.8% consensus by 3.6%. The print is running well above the 12-month average of -1.49%. Manufacturing Sales YoY is now the highest in 9 months.
Latest Release
2.8
Actual
-0.8
Consensus
-0.7
Previous
Median Absolute Error
±4.45 percentage points
across last 10 releases
Last Call
Jun 2026
Predicted: -0.8
Actual: 2.8
Error: -3.6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Manufacturing Sales YoY (New Zealand) was reported at 2.8% in June 2026. This beat the market consensus of -0.8% by 3.6%. The reading rose from the previous value of -0.7%. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The trailing three releases averaged 1%, down from the prior three at 3.4%. In June readings over the past 3 years, Manufacturing Sales YoY has averaged 3.53%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD). Over the last 10 releases, the Sigmacast model's median absolute error is 4.45%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Employment Change QoQ (Aug 4) and Unemployment Rate (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Manufacturing Sales YoY - NZ
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About Manufacturing Sales YoY — New Zealand
DEFINITION
Manufacturing Sales YoY (Year-over-Year) is a financial indicator that measures the percentage change in the total sales of manufactured goods over a 12-month period. It provides insight into the overall performance and growth of the manufacturing sector, which is a key driver of economic activity. This indicator is closely monitored by investors, policymakers, and analysts as it can indicate the strength of consumer demand, business investment, and overall economic health. A positive YoY growth in manufacturing sales suggests a robust economy, while a negative growth may signal a slowdown or contraction.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 2.8 %, consensus -0.8 %. Prior reading (Oct 2025): -0.7 %. Before that (Jul 2025): 0.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - NZ Events
| Sunday, August 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | NZ | Building Permits MoM | -4 | -2.3 | -2.30 | Low | |