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NZ data - services PMI 45.9 (prior 49.7) & Food Price Inflation +2.7% m/m (expected +0.4%)

Started by forex4you, Feb 14, 2022, 08:20 am

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Feb 14, 2022, 08:20 am
NZ data - services PMI 45.9 (prior 49.7) & Food Price Inflation +2.7% m/m (expected +0.4%)

BNZ - BusinessNZ Performance of Services Index (PSI) slips deeper into contraction. January at  45.9 (prior 49.7) lowest since October 2021six consecutive months of contraction for this index (which last happened in 2008 during the GFC)Sub-indexesNew Orders/Business (41.8) and Activity/Sales (44.1)

Source: NZ data - services PMI 45.9 (prior 49.7) & Food Price Inflation +2.7% m/m (expected +0.4%)

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