Business NZ
The latest PMI figures point to a ‘positive start’ to the third economic quarter of the year, but the latest PSI figures highlight a slow services sector that don't indicate a change to the unemployment rate anytime soon
The latest PMI figures point to a ‘positive start’ to the third economic quarter of the year, but the latest PSI figures highlight a slow services sector that don't indicate a change to the unemployment rate anytime soon
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
BNZ economists say latest Performance of Services Index figures are 'are real disappointment' and suggest 'the economy is growing at a slower pace than we might have expected'
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BNZ economists say latest Performance of Services Index figures are 'are real disappointment' and suggest 'the economy is growing at a slower pace than we might have expected'
'The big question to end 2025 was whether the economy may be turning. Data since then has given us confidence that recent positive momentum can be sustained. The economy is growing'
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'The big question to end 2025 was whether the economy may be turning. Data since then has given us confidence that recent positive momentum can be sustained. The economy is growing'
The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024
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The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries, which make up about two thirds of our GDP, have moved into expansion for the first time since February 2024
The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'
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The latest BNZ-Business NZ Performance of Services Sector Index showed that the services industries moved further into contraction in November, 'posing downside risk to even modest growth expectations for early next year'
Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet
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Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet
[updated]
The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
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The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
Yes, Trump's tariffs caused some of the June-quarter growth hit - but not all of it
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
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Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump
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An improved performance from the services sector in July on top of the manufacturing sector returning to expansion indicates the economy may be picking up again from a mid-year slump
[updated]
New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
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New Zealand's services sector contracts for fifth consecutive month - has seen only one month of 'minimal' expansion in the last 16; BNZ economists see 0.2% fall in GDP for June quarter
Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession
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Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession
Weaker manufacturing orders "signal worsening GDP outlook" says BNZ
The services sector again contracted slightly in the last month and is 'a long way from being back to full health'
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The services sector again contracted slightly in the last month and is 'a long way from being back to full health'