empty
 
 

2019.06.1618:55:00UTC+00New Zealand Services Sector Accelerates In May - AiG

The services sector in New Zealand continued to expand in May, and at a faster rate, the latest survey from BusinessNZ revealed on Monday with a performance of Services Index score of 53.6.

That's up from 52.0 in April, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

However, the May result was still below the long term average of 54.4 for the survey.

Individually, sales, supplier deliveries, and new orders all remained in expansion territory, while employment and stocks swung to expansion after contracting in the previous month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback