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Business NZ PSI

The Business NZ Performance of Services Index, released by Business NZ, presents business conditions in New Zealand's services sector. The PSI is an important indicator of the overall economic condition. A result above 50 signals expansion of the services sector and it is likely to be bullish for the NZD.

Most recent - Sunday 17 August 2025 22:30

Previous
47.6
Revised
47.6
Actual
48.9

Trading range

Announcement history

The most recent announced value for Business NZ PSI was 48.9.

Past events

Date
Actual
Sunday 17 August 2025 22:30
48.9
Sunday 13 July 2025 22:30
47.3
Sunday 15 June 2025 22:30
44
Sunday 18 May 2025 22:30
48.5
Sunday 13 April 2025 22:30
49.1
Sunday 16 March 2025 21:30
49.1
Sunday 16 February 2025 21:30
50.4
Monday 20 January 2025 21:30
47.9
Sunday 15 December 2024 21:30
49.5
Sunday 17 November 2024 21:30
46
Sunday 13 October 2024 21:30
45.7
Sunday 15 September 2024 22:30
45.5
Sunday 18 August 2024 22:30
44.6
Sunday 14 July 2024 22:30
40.2
Sunday 16 June 2024 22:30
43
Sunday 12 May 2024 22:30
47.1
Sunday 14 April 2024 22:30
47.5
Sunday 17 March 2024 21:30
53
Sunday 18 February 2024 21:30
52.1
Monday 22 January 2024 21:30
48.8
Sunday 17 December 2023 21:30
51.2
Sunday 12 November 2023 21:30
48.9
Sunday 15 October 2023 21:30
50.7
Sunday 17 September 2023 22:30
47.1
Sunday 13 August 2023 22:30
47.8
Sunday 16 July 2023 22:30
50.1
Sunday 18 June 2023 22:30
53.3
Sunday 14 May 2023 22:30
50.1
Sunday 16 April 2023 22:30
54.4
Sunday 12 March 2023 21:30
55.8
Monday 13 February 2023 21:30
54.5
Monday 23 January 2023 21:30
52.1
Sunday 18 December 2022 21:30
53.7
Sunday 13 November 2022 21:30
57.4
Sunday 16 October 2022 21:30
55.8
Sunday 18 September 2022 22:30
58.6

Economic context

Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Business NZ PSI result:

PreviousLatest
Retail Sales (QoQ)Bearish change0.8%0.5%
Retail Sales ex Autos (QoQ)Bullish change0.4%0.7%
ExportsBullish change$6.53B$6.71B
ImportsBullish change$6.33B$7.28B
Trade Balance NZD (YoY)Bullish change$-4.38B$-3.94B
RBNZ Interest Rate DecisionBearish change3.25%3%
Producer Price Index - Output (QoQ)Bearish change2.1%0.6%

About Business NZ PSI

Country:New Zealand
Currency:NZD
Source:Business NZ
Category:Economic Activity
Frequency:Monthly

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