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New Zealand December services PMI: 52.1 (prior 53.7)
BusinessNZ Performance of Services Index (PSI) stays in expansion - a decent performance compared with some of the data indicators coming out of New Zealand. The Reserve Bank of New Zealand has been hiking rates, as you know, and looks intent to do more even as the economy enters recession. Inflation pressure in NZ is still on the up.
December comes in at 52.1
- prior revised up to 53.8
more to come
NZD/USD not much changed. The PSI tends not to be much of a... Read More
Posted: Jan 23 2023, 21:30
Author Name: forexlive
Views: 102124