New Zealand Services Recovery Stays Fragile as NZ PSI Slips to 50.9

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New Zealand’s BNZ–BusinessNZ PMI Services edged down from a revised 51.0 in August to 50.9 in September, remaining marginally above the 50-point expansion threshold. The reading suggests that the services sector is continuing to stabilize, although the pace of growth is weak. The modest expansion also contrasts with the much stronger manufacturing performance, where PMI […]The post New Zealand Services Recovery Stays Fragile as NZ PSI Slips to 50.9 appeared first on ActionForex.