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15.07.201819:10:00UTC+00New Zealand Services PMI Slides In June

The services sector in New Zealand continued to expand in June, albeit at a much slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 52.8.

That's down from the downwardly revised 57.1 in May (originally 57.3).

It remains in expansion territory however, hovering above the line of 50 that separates expansion from contraction.



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