The services PMI for New Zealand in May was 53.3 as compared to the previous month’s reading of 50.1.

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The index that measures the performance of services in New Zealand.

Comments stated in the report by:

CEO of BusinessNZ, Kirk Hope.

Craig Ebert, the senior economist at BNZ”

NZD/USD is not a lot changed. The PSI tends not to be too big a market mover upon release.

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