New Zealand Services Sector Slows In July

The services sector in New Zealand continued to expand in July, albeit at a slower pace, the latest survey from Business NZ revealed on Monday with a Performance of Services Index score of 54.2.

That's down from the downwardly revised 56.4 (originally 56.7).

It remains well above the boom-or-bust line of 50 that separates expansion from contraction.

News are provided by InstaForex