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NZ BNZ services plunges down to 47.8, deepening contraction as activity dives

NZ BNZ services plunges down to 47.8, deepening contraction as activity dives
New Zealand’s service sector, as gauged by the BusinessNZ Performance of Services Index, experienced a marked decline in July, descending from 49.6 to a worrying 47.8. This latest reading is not only the lowest since January 2022 but also trails the long-term average of 53.5 significantly. A detailed analysis of the index highlights concerning trends. […] The post NZ BNZ services plunges down to 47.8, deepening contraction as activity dives appeared first on Action Forex... Read More
Posted: Aug 14 2023, 03:28
Author Name: actionforex
Views: 022221

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