An index measuring the strength of the services sectors in New Zealand continued to show expansion in May, BusinessNZ said on Monday, posting a score of 56.2.
That's unchanged from the upwardly revised April reading (originally 56.1), but it remains well above the boom-or-bust score of 50 that separates expansion from contraction.
Among the five individual components of the survey, all five showed expansion, including new orders, sales, employment, inventories and supplier deliveries.
By region, expansion was present in the Northern, Center and Southern regions, while the Canterbury region saw contraction.
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