New Zealand’s BusinessNZ Performance of Services Index improved slightly in July, rising from 47.6 to 48.9. But the sector remained in contraction for the sixth consecutive month. Also, the latest reading is still well below the long-run survey average of 52.9. Details showed mixed conditions. Activity/Sales stayed in contraction at 47.5, and New Orders stalled […]The post NZ BNZ services uptick to 48.9, contraction persists appeared first on Action Forex.