New Zealand’s services sector continues its descent, a deeper dive

<p>New Zealand&#8217;s BusinessNZ Performance of Services Index reported another slump in August, marking the third consecutive month of declining in the services sector. This downturn saw PSI slip from 48.0 in July to 47.1 in August, notably falling short of long-term average of 53.5. Looking into the components, while there were marginal improvements in activity/sales, [&#8230;]</p>
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