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New Zealand Performance of Services Index

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New Zealand Performance of Services Index

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Nov 17, 2024
Actual
46.0
Previous
45.7
BNZ-BusinessNZ PSI is a monthly survey of the services sector providing an early indicator of activity levels. A PSI reading above 50 points indicates services activity is expanding; below 50 indicates it is contracting. The main PMI and sub-index results are seasonally adjusted.
A higher than expected reading should be taken as positive/bullish for the NZD , while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Business NZ
New Zealand Performance of Services Index
 
Release Date Time Actual Forecast Previous
Nov 17, 2024 16:30 46.0   45.7
Oct 13, 2024 16:30 45.7   45.7
Sep 15, 2024 17:30 45.5   45.2
Aug 18, 2024 17:30 44.6   40.7
Jul 14, 2024 17:30 40.2   43.0
Jun 16, 2024 17:30 43.0   46.6

Analysis

Kathy Lien
FX Outlook: 3 Biggest Risks This Week By Kathy Lien - Aug 19, 2019 6

In the last two weeks of August, the calendar starts to wind down, and investors in Europe and North America peel away for their end-of-summer holidays. Traditionally, volatility compresses during...

Kathy Lien
Will RBNZ Halt NZD Rally? By Kathy Lien - Jun 25, 2019 13

Canadian dollarKathy Lien, Managing Director Of FX Strategy For BK Asset ManagementDaily FX Market Roundup June 25, 2019Tuesday’s rally marked the sixth consecutive day of strength for the New...

Performance of Services Index Discussion

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