Advertisement
New Zealand Services Index Expands In January - BusinessNZ
(RTTNews) - The services sector in New Zealand climbed up into expansion territory in January, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 50.4.
That's up from the upwardly revised 49.1 in December (originally 47.9) and it moves above the boom-or-bust line of 50 that separates expansion from contraction for the first time in 10 months.
Among the individual components. Sales (54.0) and inventories (50.1) expanded, new orders (50.0) were right in the line and employment (47.1) and supplier deliveries (47.8) remained in contraction.
"The PSI is consistent with stabilization rather than elevation, but its latest move upwards is encouraging," BNZ's Senior Economist Doug Steel said.
read more
New Zealand February Trade Surplus NZ$510 Million
New Zealand posted a merchandise trade surplus of NZ$510 million in February, Statistics New Zealand said on Friday.
RTTNews
|
Pred 10 dňami
New Zealand GDP Gains 0.7% In Q4
New Zealand's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Thursday.
RTTNews
|
Pred 11 dňami
New Zealand Q4 Current Account Deficit NZ$5.9 Billion
New Zealand posted a seasonally adjusted current account deficit of NZ$5.9 billion in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
RTTNews
|
Pred 12 dňami
New Zealand Services Sector Falls Into Contraction
The services sector in New Zealand slipped into contraction territory in February, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 49.1.
RTTNews
|
Pred 14 dňami
New Zealand Manufacturing PMI Climbs To 53.9 In February - BusinessNZ
The manufacturing sector in New Zealand continued to expand in February, and at a faster rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.9.
RTTNews
|
Pred 17 dňami
New Zealand Q4 Retail Sales Volume Climbs 0.9%
The total volume of overall retail sales in New Zealand was up a seasonally adjusted 0.9 percent on quarter in the fourth quarter of 2024, Statistics New Zealand said on Monday.
RTTNews
|
Pred 35 dňami
New Zealand Central Bank Cuts Rate; Signals Steeper Easing
The Reserve Bank of New Zealand cut its interest rate further by 50 basis points on Thursday and signalled more reductions this year to support economic growth. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to lower the Official Cash Rate to 3.75 percent from 4.25 percent. The bank has lowered the rate by 175 basis points since August.
RTTNews
|
Pred 40 dňami
New Zealand Manufacturing Sector Climbs Into Expansion - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in January, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI core of 51.4.
RTTNews
|
Pred 45 dňami
