News & Media

After three months of expansion, the service sector fell flat during October, with a seasonally adjusted PSI for October at 49.9....
Expansion dipped in October after gradual improvements in activity during the second half of 2009, with a seasonally adjusted PMI for October at 50.6....
The first month of Spring brought about continued upwards expansion in the service sector, with a seasonally adjusted PSI for September at 53.2....
Expansion across most sub-indices meant overall manufacturing expanded for the first time since April 2008, with a seasonally adjusted PMI for September at 51.7....
The service sector continued on its road to recovery as the August result provided the first consecutive monthly expansion since early 2008, with a seasonally adjusted PSI for August at 51.3....
A lower result for both production and new orders meant activity fell back for August, with a seasonally adjusted PMI for August at 48.7....
The service sector showed its first sign of expansion (albeit at a very modest level) for the first time since March 2008, with a seasonally adjusted PSI for July at 50.1....
A positive result for both production and new orders helped push manufacturing activity further out of the doldrums in July, with a seasonally adjusted PMI for July at 49.7....
An emissions target range of 10-20% below 1990 levels by 2020 is a significant challenge, but strikes a sensible balance given New Zealand’s circumstances, says BusinessNZ....
BusinessNZ says the six percent unemployment rate released today needs to be looked at in light of the economic events of the last two years....