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In the zone

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...

Under the weather

Under the weather

New Zealand’s manufacturing sector continued its contraction in May, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for May was 48.9...

In the zone

Services sector drop

New Zealand’s services sector went into contraction for the first time since February 2022, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for April was 49.8 (A PSI...

Under the weather

Little momentum

New Zealand’s manufacturing sector experienced another decline in activity during April, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted...