BNZ – BusinessNZ
Performance of
Services Index

The BNZ – BusinessNZ Performance of Services Index (PSI) is a monthly survey providing an early indicator of levels of activity in the New Zealand service sector.

Struggle street

Struggle street

New Zealand’s services sector continued to contract further in April, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for April was 47.1 (A PSI reading above 50.0...

Struggle street

Lost momentum

New Zealand’s services sector fell back into contraction during March, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for March was 47.5 (A PSI reading above 50.0...

Struggle street

Path of expansion

New Zealand’s services sector continued its path of expansion in February, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for February was 53.0 (A PSI reading above...

Struggle street

Green shoots?

New Zealand’s services sector climbed back into expansion for the start of 2024, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for January was 52.1 (A PSI reading...

Struggle street

Activity on holiday

New Zealand’s services sector fell back into contraction during December, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for December was 48.8 (A PSI reading above...

Struggle street

Over the line

New Zealand’s services sector recorded expansion in November, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for November was 51.2 (A PSI reading above 50.0 indicates...

Struggle street

Lost momentum

New Zealand’s services sector went back into contraction in October, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for October was 48.9 (A PSI reading above 50.0...

Struggle street

Some spring in step

New Zealand’s services sector experienced a return to expansion in September, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for September was 50.7 (A PSI reading...

Struggle street

Uncertain times

New Zealand’s services sector experienced its third consecutive drop in activity levels, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for August was 47.1 (A PSI...

Struggle street

Winter chills

New Zealand’s services sector experienced further contraction during July, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for July was 47.8 (A PSI reading above 50.0...

Struggle street

Evening out

New Zealand’s services sector experienced a decline in expansion during June, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for June was 50.1 (A PSI reading above...

Struggle street

In the zone

New Zealand’s services sector increased its expansion during May, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for May was 53.3 (A PSI reading above 50.0 indicates...

Sponsor Statement

BNZ is delighted to be associated with the Performance of Services Index (PSI) and BusinessNZ.

This association brings together the significant experience of leading business advocacy body BusinessNZ, and business finance specialist BNZ.

We look forward to continuing our association with BusinessNZ and associated regional organisations, and to playing our part in the ongoing development of the New Zealand service sector.