FX.co ★ New Zealand Services Sector Contracts for 3rd Month

New Zealand’s BusinessNZ Performance of Services Index rose to 48.9 in April 2026, up from a revised 46.2 in March, which had been the lowest level in ten months. Despite the improvement, the index remained below the 50-point threshold, signaling a third consecutive month of contraction in the services sector, driven by the ongoing impact of the war in Iran.