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Service sector activity contracted last month, says BusinessNZ

Services sector activity levels are falling at a faster pace and indicate the broader economy contracted in the third-quarter, says BusinessNZ.

Economists slash milk price forecasts after terrible dairy auction results

ASB economist Nat Keall says the global dairy market is well supplied in the near-term, 'and it is difficult to see a catalyst for much strengthening in demand'

Job adverts fall for fourth consecutive month - down 25% on last year

Job ads are continuing to decline in the BNZ/SEEK Employment Report - suggesting that the anticipated sharp cooling in the labour market is beginning

Stage set for test of Reserve Bank s nerves on Wednesday

Stage set for test of Reserve Bank s nerves on Wednesday
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

Services sector falls for second consecutive month to 47 8

The services sector has contracted for the second month in a row as the level of new orders fell to its lowest point since August 2021, when the country was last in lockdown.

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