Global Economic News

New Zealand Services Sector Slows In July

Activity in New Zealand's services sector decelerated in July, Business NZ said on Monday, with a Performance of Services Index score of 56.5.

That's down from 58.1 in June, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components of the survey, supplier deliveries, sales, employment, new orders and stocks all continued to expand.

by RTTNews Staff Writer

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