New Zealand Services PMI Jumps In January – BusinessNZ

Trading 17 fév 2019 Commentaire »

The services sector in New Zealand continued to expand in January, and at a faster pace, the latest survey from BusinessNZ revealed on Monday with a Services PMI score of 56.3.

That's up from 53.2 in December, and it moves further above the boom-or-bust level of 50 that separates expansion from contraction.

Among the individual components, supplier deliveries, new orders, employment and sales all expanded, while stocks and inventories fell barely into contraction.

"January's PSI suggests that the services sector is still chugging along relatively well, as we head into 2019, rather than fading as a backbone to GDP growth," said BNZ Senior Economist Craig Ebert.


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*New Zealand Performance Of Services Index 56.3 In January – BusinessNZ

Trading 17 fév 2019 Commentaire »

New Zealand Performance Of Services Index 56.3 In January - BusinessNZ


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Japan Core Machine Order Data Due On Monday

Trading 17 fév 2019 Commentaire »

Japan will on Monday release December data for core machine orders, highlighting a light day for Asia-Pacific economic activity.

Core machine orders are predicted to have fallen 1.1 percent on month and climbed 3.4 percent on year following the flat monthly reading and the 0.8 percent increase in November.

New Zealand will see January results for the Performance of Services Index from BusinessNZ; in December, the index score was 53.0.


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