From New Zealand, data for the October BNZ – BusinessNZ Performance of Services Index, hitting 57.4
- prior 55.9
- long-term average of 53.6
BNZ Senior Economist Craig Ebert:
- “the latest NZ PSI and PMI results chime with the narrative of spending shifting back to services, away from durables. However, they also highlight a divergence to what’s been going on globally, with respect to services industries”
Strong results across the sub-measures:
