Services sector bounces back in July but remains in downward trend
The recovery claws back just half of the previous month's drop.
Nevil Gibson
Mon, 13 Aug 2018
Activity in the services sector bounced back in July from a sharp drop in June.
However, the recovery to 55.1 in the BNZ-BusinessNZ Performance of Services Index (PSI) from June’s 52.7 claws back just over half of the loss.
The three-month average has slipped to 54.9, the lowest it has
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Nevil Gibson
Mon, 13 Aug 2018
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