The service sector in New Zealand continued to expand in November, and at a faster rate, the Australian Industry Group said on Tuesday with a Performance of Service Index score of 51.7.
That's up from 51.4 in October, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components of the survey, sales, new orders, employment, deliveries, input prices, average wages and capacity utilization all expanded, while stocks and selling prices fell into contraction.
by RTT Staff Writer
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