New Zealand September services PMI 55.8 (prior 58.6)

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New Zealand September services PMI 55.8 (prior 58.6)

<p>This is the Business New Zealand Performance of Services Index. Solidly in expansion and off from August. </p><p>BusinessNZ chief executive Kirk Hope:</p><ul><li>the two key sub-indexes of New Activity/Sales (59.2) and New Orders/Business (62.9) remaining in a very healthy position.</li></ul><p>BNZ Senior Economist Craig Ebert:</p><ul><li> "the composite PCI held together at 54.4 in free-weighted terms, while the GDP weighted composite came in at 55.4, from 58.2 in August. These marry with our view that Q3 GDP increased about 1.0%"</li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: New Zealand September services PMI 55.8 (prior 58.6)

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