Services sector growth in April eases to slowest pace in seven years
Manufacturing activity recovers close to long-term average.
Nevil Gibson Mon, 20 May 2019
Business activity in the services sector fell in April but rose in manufacturing. Both indicators confirm the economy is slowing and will need a rapid recovery for the remainder of the year if official growth forecasts are to be met.
The BNZ-BusinessNZ Performance of Services Index (PSI) eased
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