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- Business NZ’s performance of services index for New Zealand falls to 54.8 in March
Business NZ’s performance of services index for New Zealand falls to 54.8 in March
Business NZ released its performance of services index for New Zealand on late Monday evening. The index fell to 54.8 in March from 56.7 in February. It was the lowest level since November 2014It was
February's figure was revised down from 56.9.
A reading above 50.0 indicates the expansion of activity.
The fall was driven by declines in all sub-indexes.
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