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....
Overall activity in the service sector for the first month of 2011 displayed a fairly lacklustre beginning, while the newly established Combined Index shows a similar pattern to the end of 2010. The seasonally adjusted PSI for January was 50.8....
Manufacturing activity in January 2011 shows a positive start to the year with the fourth consecutive month in expansion, with a seasonally adjusted PMI for January at 53.7....
Overall activity in the service sector for the last month of 2010 ended up being a repeat of 2009, with a seasonally adjusted PSI for December at 52.5....
Manufacturing activity in 2010 ended on a solid note, with its third consecutive month in expansion, with a seasonally adjusted PMI for December at 53.1....
