September BNZ - BusinessNZ Performance of Services Index from NZ
A drop from the previous month, still in expansion:
Comments from BusinessNZ chief executive Kirk Hope:
- "A number of those who provided negative comments tended to focus on current weather conditions, as well as school holidays affecting operations.
- This culminated in the proportion of negative comments rising from 34.8% in August to 39.3% in September."
BNZ Senior Economist Doug Steel:
- "looking through the monthly volatility, there has been some trend slowing in the PSI over recent months.
- It appears firm's difficulty in finding staff is one of the obviously many factors involved".
more to come
