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Business activity awakes from mid-year torpor

Services and manufacturing sectors both rose in October.

Nevil Gibson Mon, 18 Nov 2019

Activity in the services and manufacturing sectors picked up in October, pointing to economic growth being closer to 2% than 1% in 2019.

The latest BNZ-BusinessNZ surveys showed both sectors shaking off a mid-year slow patch.

The Performance of Services Index (PSI) firmed up to a seasonally

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Business activity awakes from mid-year torpor
Business,
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