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Shane Solly: Harbour Asset Management expert on the BNZ Business NZ Performance of Services Index results
Published 4 weeks ago
Description
The BNZ-BusinessNZ Performance of Services Index (PSI) rose 2.7 points to 48.9, up from 46.2 in March.
A reading below 50 indicates the sector - which accounts for nearly three-quarters of the economy - is contracting.
Harbour Asset Management expert Shane Solly explained further.
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