New Zealand data: April Services PMI drops deeper into contraction at 48.5 (prior 49.1) ...Middle East

New Zealand services PMI, the BusinessNZ Performance of Services Index, for April 2025, 48.5

down from March's 49.1well below the average of 53.0 over the history of the survey

BusinessNZ’s CEO, Katherine Rich said the sector has fallen back into a pattern of mild contraction

“for all the commentary around the economic recovery, the PSI is a good reminder that current conditions are extremely challenging. New Zealand’s PSI remains weaker than all our key trading partners. At 48.5, it’s consistent with a service sector still moving backwards”.

Earlier:

New Zealand April Manufacturing PMI shows an uptick in expansion to 53.9 vs. prior 53.2 This article was written by Eamonn Sheridan at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( New Zealand data: April Services PMI drops deeper into contraction at 48.5 (prior 49.1) )

Also on site :

• 6 Subtle Signs of ‘Future Faking’ To Look Out for in Relationships, Psychologists Warn
• U.S. diplomatic negotiators working for ceasefire in Gaza as Israel ramps up attacks
• Royals Designate Chris Stratton For Assignment