Performance of Services Index from BusinessNZ
A long term average for this is 54.5, so back above
- 3 of the 5 sub indexes rose
Combined with the improved Manu Manufacturing PMI (see link below) it paints a more encouraging picture for the NZ economy
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Not a forex mover, add it in to the background info file
The manufacturing PMI improved: New Zealand - Business NZ Manufacturing PMI for October: 53.5 (prior 51.7)
