According to the latest survey from BusinessNZ, the service sector in New Zealand continued to expand in April, albeit at a slightly slower rate, with a Performance of Service Index score of 51.4. Thats down from 51.6 in March, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Among the components, sales (52.7), employment (51.2), new orders (53.6) and stocks (54.8) all expanded, while supplier delivers (40.1) tumbled.Powered by Commodity Insights
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