NZ BNZ services rises to 47.3, but outlook remains grim

New Zealand’s services sector showed mild improvement in June, with BusinessNZ Performance of Services Index rising to 47.3 from May’s 44.1. Despite the gain, the index remains well below its long-run average of 52.9 and firmly in contraction territory. Subcomponents showed modest upticks—new orders rose from 43.4 to 48.8, employment edged up from 47.1 to […]

The post NZ BNZ services rises to 47.3, but outlook remains grim appeared first on Action Forex.