New Zealand services PMI for December: 49.2 (prior 46.7)

BusinessNZ Performance of Services Index (PSI) improves on the month

BNZ comment:

• the composite index is consistent with our view that NZ real GDP will be broadly flat over the six months to March 2021

Last week got this data point, weaker:

• New Zealand - BusinessNZ manufacturing PMI for December: 48.7 (prior 55.3)