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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