Outside the zone – PSI - BusinessNZ businessnz.org.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessnz.org.nz Daily Mail and Mail on Sunday newspapers.
BusinessNZ
Our Family
The BusinessNZ family has its roots in four large regional organisations of member businesses that together cover the entire country.
By joining the regional business organisation in your area, you automatically become a member of BusinessNZ.Join now
New Zealand s services sector was in expansion mode for the fourth consecutive month, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
The PSI for June was 58.6 (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). This was 2.3 points up from May, but still below its highest ever result of 61.1 in April.
BusinessNZ
Our Family
The BusinessNZ family has its roots in four large regional organisations of member businesses that together cover the entire country.
By joining the regional business organisation in your area, you automatically become a member of BusinessNZ.Join now
Like its sister survey the month before, activity in New Zealand’s services sector reached its highest level since the survey began in 2007, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
The PSI for April was 61.2, which was up 8.3 points from March (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). It was the first time since June 2007 that the sector recorded a post-60 result.
BusinessNZ
Our Family
The BusinessNZ family has its roots in four large regional organisations of member businesses that together cover the entire country.
By joining the regional business organisation in your area, you automatically become a member of BusinessNZ.Join now
Activity in New Zealand’s services sector remained in contraction for a fourth consecutive month, according to the BNZ - BusinessNZ Performance of Services Index (PSI).
The PSI for February was 49.1, which was up 1.1 points from January (A PSI reading above 50.0 indicates that the service sector is generally expanding; below 50.0 that it is declining). However, it was still well below the long term average of 53.8 for the survey.