BNZ – BusinessNZ Efficiency of Providers Index (PSI)
for January was 54.5
December was 52
long-term common 53.6
BusinessNZ chief govt Kirk Hope:
- “Regardless of the halt in decrease expansionary ranges, the pattern of a better proportion of damaging feedback continued in January (61.7%), in contrast with 58.2% in December and 47.3% in November. The vacation season was a standard theme, together with the scarcity of labour and basic market uncertainty that has been evident for some months now”.
BNZ Senior Economist Doug Metal:
- mentioned that “as encouraging as January’s PSI outcome would possibly look, we’re reluctant to learn an excessive amount of into one month’s outcome – particularly across the vacation interval”.
New Zealand companies pmi 13 February 2023
