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New Zealand data - June services PMI 50.1 (prior 53.3)

New Zealand data - June services PMI 50.1 (prior 53.3)
BusinessNZ Performance of Services Index (PSI) for June 2023 comes in still barely in expansion at 50.1prior 53.3 activity levels for the last three months have all been below the long-term averageBNZ Senior Economist Craig Ebert“together, the NZ PSI and PMI paint a picture of flat GDP, slightly declining employment, and an order book that does not offer much, if anything, in the way of encouragement”The New Zealand economy has been slowed by the long and persistent Reserve Bank of New Zealand r... Read More
Posted: Jul 16 2023, 22:37
Author Name: forexlive
Views: 102129

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