The results of the New Zealand performance of services index for August:
- Prior 58.4
- Here’s the full report on PDF format
It would be wrong to say the miss on this data point is a negative for the economy. A reading above 58.5 would have been the highest since 2007.
NZD/USD down 5 pips on the day to 0.8147.
The employment component hit the highest since the survey began in 2007