New Zealand's service sector growth accelerated for the second straight month in November, survey figures from Business NZ showed Monday.
The performance of services index, or PSI, climbed to 57.9 in November from 56.6 in the previous month. Any reading above 50 indicates expansion in the sector.
Among components, new business, activity, supplier deliveries all increased at faster rates in November, while employment growth eased since October.
"Comments from respondents show that for some, the recent earthquakes have presented obvious challenges. However, seasonal factors such as the lead in to Xmas and improving weather conditions have helped make the November result the second equal highest in 2016," BNZ chief executive Kirk Hope, said.
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