BusinessNZ New Zealand Performance of Services Index for October 2025 improves to 48.7
- from September's 48.3
- this is the 20th month in a row in contraction
PSI’s sub-components all below the breakeven 50 mark
- all below their long-term averages
- new orders index 49.5, but is farthest below its long-term average
- activity/sales index rose to 48.9, its best outcome since January 2025 and its second-best month since February 2024
- employment index rose to 48.8, best since March
