NZ services sector activity rises in July to highest since October 2012

Sun, 18 Aug 2013

Aug. 19 (BusinessDesk) - New Zealand’s services sector registered its highest level of activity since October 2012 in July, led by new orders and strength in the northern region. The BNZ-Business New Zealand Performance of Services Index rose to 58.1 last month, up three points from June and from 52.2 in July last year. It is the highest reading for July compared to a year earlier since the survey began in 2007. A reading above 50 indicates expansion in activity. The PSI follows the release last week of its sister survey, the performance of...

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