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16.08.202622:57:07UTC+00New Zealand Services Growth Hits 7-Month High

New Zealand’s BusinessNZ Performance of Services Index rose to 50.9 in July 2026 from 50.6 in June, signaling the first expansion in the services sector since December 2025. Three of the five sub-indices moved back into expansion territory, with new orders posting the strongest result at 52.6 (down from 53.3), indicating continued growth but at a slightly slower pace.

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