New Zealand Services Industry Grew at Slower Pace in December, PSI Shows
New Zealand’s services industry grew
at a slower pace in December, according to the Performance of
Services index.
The index fell to 50.6 in December from a revised 56.2 in
November, Bank of New Zealand Ltd. and Business New Zealand, a
Wellington-based employer group, said on the Business New
Zealand website. A reading above 50 indicates an expansion.
To contact the editor responsible for this story:
Chris Bourke at
cbourke4@bloomberg.net
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