Business growth momentum slows in November
Indexes for the services and manufacturing sectors were lower than in October.
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October’s jump in business activity wasn’t sustained in November, with the performance indexes for services and manufacturing falling back.
The BNZ-BusinessNZ Performance of Services Index (PSI) dipped two points to 51.3 from 55.3, putting it back below its long-term norm of 54.4.
The
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