Business NZ PSI

The Business NZ Performance of Services Index, released by Business NZ, presents business conditions in New Zealand's services sector. The PSI is an important indicator of the overall economic condition. A result above 50 signals expansion of the services sector and it is likely to be bullish for the NZD.

Most recent - Sunday 12 May 2024 22:30

Previous
47.2
Revised
47.2
Actual
47.1

Next event - Sunday 16 June 2024 22:30

Previous
-
Actual
-

The typical/expected impact on NZD pairs is medium.

Trading range

Announcement history

The most recent announced value for Business NZ PSI was 47.1.

Past events

Date
Actual
Sunday 12 May 2024 22:30
47.1
Sunday 14 April 2024 22:30
47.5
Sunday 17 March 2024 21:30
53
Sunday 18 February 2024 21:30
52.1
Monday 22 January 2024 21:30
48.8
Sunday 17 December 2023 21:30
51.2
Sunday 12 November 2023 21:30
48.9
Sunday 15 October 2023 21:30
50.7
Sunday 17 September 2023 22:30
47.1
Sunday 13 August 2023 22:30
47.8
Sunday 16 July 2023 22:30
50.1
Sunday 18 June 2023 22:30
53.3
Sunday 14 May 2023 22:30
50.1
Sunday 16 April 2023 22:30
54.4
Sunday 12 March 2023 21:30
55.8
Monday 13 February 2023 21:30
54.5
Monday 23 January 2023 21:30
52.1
Sunday 18 December 2022 21:30
53.7
Sunday 13 November 2022 21:30
57.4
Sunday 16 October 2022 21:30
55.8
Sunday 18 September 2022 22:30
58.6
Sunday 14 August 2022 22:30
51.2
Sunday 17 July 2022 22:30
55.4
Sunday 19 June 2022 22:30
55.2
Sunday 15 May 2022 22:30
51.4
Monday 18 April 2022 22:30
51.6
Monday 14 March 2022 21:30
48.6
Sunday 13 February 2022 21:30
45.9
Monday 24 January 2022 21:30
49.7
Sunday 12 December 2021 21:30
46.5
Sunday 14 November 2021 21:30
44.6
Sunday 17 October 2021 21:30
46.9
Sunday 19 September 2021 22:30
35.6
Sunday 15 August 2021 22:30
57.9
Sunday 18 July 2021 22:30
58.6
Sunday 13 June 2021 22:30
56.1

Economic context

Recent economic data has been strongly bullish for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PSI result:

PreviousLatest
Retail Sales (QoQ)Bullish change-1.8%0.5%
Retail Sales ex Autos (QoQ)Bullish change-1.6%0.4%
RBNZ Interest Rate Decision(no change)5.5%5.5%
Producer Price Index - Output (QoQ)Bullish change0.7%0.9%
RBNZ Inflation Expectations (QoQ)Bullish change2.5%2.33%
Business NZ PMIBullish change46.848.9

About Business NZ PSI

Country:New Zealand
Currency:NZD
Source:Business NZ
Category:Economic Activity
Frequency:Monthly

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