NZ BNZ services rises to 44.6, modest improvement, but remains under pressure

New Zealand BNZ Performance of Services Index saw a modest rise in July, climbing from 40.7 to 44.6. However, the PSI has averaged only 46.5 for 2024, a stark contrast to its historical average of 53.2. Breaking down the details, there were slight improvements across most categories. Activity/sales increased from 36.2 to 39.1, and employment […]

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