The services sector in New Zealand continued to expand in March, and at a faster rate, the latest survey from Business NZ showed on Wednesday with a Performance of Services score of 59.0.
That's up from 58.8 in February, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components, new orders hit an almost 10-year high to fuel the gains.
"The PSI has been a bit like a stuck record, set on high volume. In fact, the volume dial is even getting tweaked up a bit more," said BNZ Senior Economist Doug Steel.
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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.