Lost momentum

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 indicates that the service sector is generally expanding; below 50.0 that...
Lost momentum

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 50.0 indicates that the service sector is generally expanding; below...
Lost momentum

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 above 50.0 indicates that the service sector is generally expanding;...
Lost momentum

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 50.0 indicates that the service sector is generally expanding; below...
Lost momentum

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 that the service sector is generally expanding; below 50.0 that it is...
Lost momentum

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 indicates that the service sector is generally expanding; below 50.0 that...
Lost momentum

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 above 50.0 indicates that the service sector is generally expanding;...
Lost momentum

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 reading above 50.0 indicates that the service sector is generally...
Lost momentum

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 indicates that the service sector is generally expanding; below 50.0...
Lost momentum

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 50.0 indicates that the service sector is generally expanding; below...