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Hot Topic Long reads
Economics
4 mins to read

No festive joy for struggling services sector

Key data indicates a tough end to the year as Government puts spotlight on economic growth.

Nicola Willis adds economic growth to her job list this year.

The New Zealand services sector slipped further into contraction territory at the end of 2024, highlighting widespread pinch points from a deep recession.

The BNZ–BusinessNZ Performance of Services Index fell to 47.9 in December, down 1.2 points from November. A reading below 50 indicated

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Jonathan Mitchell Tue, 21 Jan 2025
Contact the Writer: jmitchell@nbr.co.nz
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No festive joy for struggling services sector
Economics,
107460
true