- Fell to 49.6 from 50.0.
NZD trading at 0.8173/77 in lackluster dealings.
“We are more convinced of our view that growth in the second half of the year will be slower than the first,” said BNZ economist Doug Steel.
Three of the PSI’s five sub-indices were in contraction, although two of them — employment and deliveries — managed a rise. The sharpest fall was for new orders, which remained in expansion.-rtrs.
NZD/USD softer now trading near session lows at 0.8154/58.
