News | Business
13 Jan 2026 10:42
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The services sector is blaming the weak economic environment for a downturn in activity

    The services sector is blaming the weak economic environment for a downturn in activity


    The latest Performance of Services Index has New Zealand contracting again in November, with a reading of 46 point 9.

    To show growth, it needs to be at 50 or above.

    ABC Business Sales CEO Chris Small says in comparison, the retail sector saw a boost around Black Friday.

    He says this shows things are turning around and services are just the lagging factor.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     13 Jan: The US company trying to takeover Kiwi tech firm Rakon plans to keep its presence here
     13 Jan: Boxing Day sales proved a much quieter affair for retailers in 2025
     13 Jan: Kiwis preferred to spend their cash on food, rather than goods, in the lead-up to Christmas
     13 Jan: Shareholders at Auckland tech firm Rakon appear primed to accept a 365 million dollar takeover bid
     12 Jan: A group of Asian supermarkets and retailers have gone into liquidation across Auckland owning millions
     12 Jan: How I have fun with friends without spending money
     12 Jan: It's been revealed another health provider, Canopy Healthcare, was hit by a data breach - six months ago
     Top Stories

    RUGBY RUGBY
    New Zealand Rugby's high performance boss Mike Anthony is moving on to join Premier League football side Brighton More...

    BUSINESS BUSINESS
    The US company trying to takeover Kiwi tech firm Rakon plans to keep its presence here More...


     Today's News

    		 Politics:
    Why are people protesting in Iran? Mass anti-government demonstrations continue 10:37

     Cricket:
    Alyssa Healy, the captain of the Australian women's cricket team, will retire in March after the series with India 10:27

     National:
    Venezuela’s leader may be gone, but his regime remains – with a new chief in Washington 10:27

     Entertainment:
    Kelsea Ballerini's dog has died 10:23

     National:
    Iran protests 2026: our surveys show Iranians agree more on regime change than what might come next 10:17

     Soccer:
    Liverpool lead Barnsley 2-1 in the second half of their FA Cup third round football match at Anfield 10:07

     National:
    It takes many ghosts to make a story: how Maggie O'Farrell’s Hamnet takes from – and mistakes – Shakespeare 10:07

     International:
    How the Iranian regime uses the dead in its intimidation and propaganda machine 10:07

     Accident and Emergency:
    Police have recovered a body from a vehicle in the Waikato River, while searching for another man who was swept downstream on Saturday 10:07

     Entertainment:
    Kate Hudson doesn't even think about ageing 9:53

     News Search




    Power Search

    © 2026 New Zealand City Ltd