LOGO
LOGO

Global Economic News

New Zealand Services Sector Continues To Expand In June

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The services sector in New Zealand expanded again in June, and at a slightly faster rate, Business NZ said on Monday, with a Performance of Services Index score of 58.2.

That's up slightly from the upwardly revised 58.1 in May (originally 58.0), and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

It also marks an 11-month high score for the index.

Among the individual components of the survey, stocks and inventories advanced, as did supplier deliveries. New orders and employment were down slightly, although still firmly in expansion territory.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.

Latest Updates on COVID-19