Economic Buzz: New Zealand Services Sector Index Jumps To 58.8 In March

New Zealand services sector continued to expand in March, and at a faster rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 58.8. Thats up from the upwardly revised 55.3 in February (originally 55.0), and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.