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New Zealand's services sector shows a slight improvement but still contracts, economist says.
New Zealand's services sector is still contracting, though at a slower pace, with the October Performance of Services Index at 46.0, up slightly from 45.7 in September.
Despite a slight improvement, the sector remains below the long-term average of 53.1, indicating ongoing challenges.
Senior Economist Doug Steel noted a slight improvement in the outlook but emphasized that the sector faces a tough economic climate.
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El sector de los servicios de Nueva Zelanda muestra una ligera mejora, pero sigue habiendo contratos, dice el economista.