Global Economic News

New Zealand Services Sector Slows In March

The services sector in New Zealand continued to expand in March, albeit at a slower pace, the latest survey from Business NZ revealed on Tuesday with a Performance of Services Index score of 54.8.

That's down from the downwardly revised 56.7 in February (originally 56.9).

It remains well above the boom-or-bust line of 50 that separates expansion from contraction.

It also marks the lowest index score since November 2014.

by RTTNews Staff Writer

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