Activity in the service sector continues to be in a weak state, although a slight improvement on the previous month, with a seasonally adjusted PSI for May at 49.1....
The level of expansion picked up for the second month of 2008 after two consecutive months of easing, with a seasonally adjusted PSI for February at 55.6....
The level of expansion in the service sector last month was the highest recorded since the BusinessNZ Performance of Services Index (PSI) survey began five months ago in April. The August PSI stood at 59.4...