BusinessNZ New Zealand Performance of Services Index for October 2025 improves to 48.7
from September’s 48.3this is the 20th month in a row in contraction
PSI’s sub-components all below the breakeven 50 mark
all below
their long-term averagesnew orders index 49.5, but is farthest below its long-term
averageactivity/sales index rose to 48.9, its
best outcome since January 2025 and its second-best
month since February 2024employment index
rose to 48.8, best since March
This article was written by Eamonn Sheridan at investinglive.com.