New Zealand Composite NZ PCI (Apr) 49.4 (Prev. 48.8)

The New Zealand Composite PCI for April shows an improvement to 49.4 from 48.8, indicating a slight easing of contraction in the service sector.

Newsquawk StaffPublished 17 May 2026, 22:50 UTCOn the live feed at 22:30 UTC — 3 more headlines followed before this page went public

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22:45

Russian drones hit Odessa and damaged residential homes, according to Interfax

22:42

US Air Force MQ-9 Reaper drone was reportedly shot down by Iranian-backed forces over Houthi-controlled Western Yemen, according to OSINTdefender on X

22:30

New Zealand Composite NZ PCI (Apr) 49.4 (Prev. 48.8)

22:01

[MARKET UPDATE] Oil prices gain at the open with the WTI crude June contract climbing 1.8% to breach above USD 107/bbl, while Brent breaches through USD 110/bbl, following Trump's warning that the clock is ticking on Iran

21:58

NextEra Energy (NEE) said ti be considering paying around USD 76/shr for Dominion Energy (D)

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Context

While this uptick is positive, it still remains below the neutral 50 level, suggesting ongoing economic challenges. Traders should consider the implications for monetary policy, as even modest improvements could influence the Reserve Bank's rate decisions moving forward.

Macro · last 90 days

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