The service sector improved its level of expansion for April, although the devil is in the detail, with a seasonally adjusted PSI for April at 52.6....
The recent Christchurch earthquake has led to a clear divide in the level of activity between the two main islands, with a seasonally adjusted PSI for March at 50.8....
Manufacturing activity has been shaken over the last couple of months, but is still keeping its head above water, with a seasonally adjusted PMI for March at 50.1....
New Zealand’s emissions trading scheme would be fit for purpose if there was a deep and liquid global carbon market, but the existence of such a market is increasingly unlikely in the medium term, says BusinessNZ....
