New Zealand’s BusinessNZ Performance of Services Index increased to 48.9 in April 2026 from an upwardly revised 46.2 in March, which was the lowest reading in 10 months, marking the third straight month of contraction in the services sector due to the impact of the Iran war. However, the latest reading was higher than March’s, with new orders expanding (51.2 vs 46.0). Meanwhile, all four of the other sub-indices remained in contraction territory, with supplier deliveries posting the weakest reading at 46.6 (vs 47.2). Activity/sales (48.9 vs 44.7), employment (48.5 vs 46.6), and stocks (47.6 vs 46.2) all improved, though they remained in negative territory. “ The jump in the headline index might be read as hope that the New Zealand economy is proving to be remarkably resilient to the war in the Middle East. On the other hand, it could be interpreted as further evidence that the economy is struggling to get its head above water.” BNZ’s Head of Research, Stephen Toplis, said. source: Business New Zealand

Services PMI in New Zealand increased to 48.90 points in April from 46.20 points in March of 2026. Services PMI in New Zealand averaged 52.74 points from 2007 until 2026, reaching an all time high of 60.80 points in April of 2007 and a record low of 26.00 points in April of 2020. This page provides - New Zealand Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Services PMI in New Zealand increased to 48.90 points in April from 46.20 points in March of 2026. Services PMI in New Zealand is expected to be 48.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Services PMI is projected to trend around 52.30 points in 2027 and 51.60 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 81.00 81.00 Individuals Apr 2026
ANZ Business Confidence 10.00 -10.60 points May 2026
NZIER Capacity Utilization 91.20 89.80 percent Mar 2026
Car Registrations 3096.00 5406.00 Units Apr 2026
Changes in Inventories 229.00 -385.00 NZD Million Dec 2025
Corruption Index 81.00 83.00 Points Dec 2025
Corruption Rank 4.00 4.00 Dec 2025
Industrial Production 0.70 -0.50 percent Dec 2025
Manufacturing Sales YoY -0.70 1.30 percent Dec 2025


New Zealand Services PMI
The Business NZ Performance of Services Index (PSI) is a composite index based on the diffusion indexes for sales, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the Services sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

News Stream
New Zealand Services Sector Contracts for 3rd Month
New Zealand’s BusinessNZ Performance of Services Index increased to 48.9 in April 2026 from an upwardly revised 46.2 in March, which was the lowest reading in 10 months, marking the third straight month of contraction in the services sector due to the impact of the Iran war. However, the latest reading was higher than March’s, with new orders expanding (51.2 vs 46.0). Meanwhile, all four of the other sub-indices remained in contraction territory, with supplier deliveries posting the weakest reading at 46.6 (vs 47.2). Activity/sales (48.9 vs 44.7), employment (48.5 vs 46.6), and stocks (47.6 vs 46.2) all improved, though they remained in negative territory. “ The jump in the headline index might be read as hope that the New Zealand economy is proving to be remarkably resilient to the war in the Middle East. On the other hand, it could be interpreted as further evidence that the economy is struggling to get its head above water.” BNZ’s Head of Research, Stephen Toplis, said.
2026-05-17
New Zealand Service Shrinks the Most in 10 Months low
New Zealand’s BusinessNZ Performance of Services Index dropped to 46.0 in March 2026 from a downwardly revised 47.6 in the previous month, marking the second straight month of contraction in services, due to the impact of the Iran war. The latest reading was also the lowest since May 2025, lower than the average of 52.8 over the history of the survey, as all sub-indexes deteriorated. Activity/sales (44.6 vs 47.5 in February), new orders (45.7 vs 48.8), employment (46.4 vs 47.0), and stocks (46.2 vs 46.5) all weakened. Meanwhile, the delivery times index edged down (47.3 vs 48.5), indicating the impact of the Middle East conflict. " The industries that deal mainly in discretionary spending (accommodation, cafes & restaurants; and cultural, recreational & personal services) have been especially impacted, and this is likely to reflect a lack of consumer confidence," BusinessNZ’s CEO, Katherine Rich, said.
2026-04-12
New Zealand Services PMI Eases to 3-Month Low
New Zealand’s BusinessNZ Performance of Services Index fell to 48.0 in February 2026 from a downwardly revised 50.7 in the previous month, marking the first contraction in services activity since last November and underscoring the fragility of economic momentum. Most sub-indices weakened, including activity/sales (47.9 vs 53.8 in January), new orders slipped (49.3 vs 51.6), employment (47.2 vs 49.0), and stocks (46.7 vs 49.4). Meanwhile, the delivery times index edged down (48.7 vs 49.4), indicating faster supplier deliveries. Looking ahead, the March survey will be the first to capture the potential business impact of the turmoil in the Middle East, meaning hopes for a near-term rebound may prove premature.
2026-03-15