New Zealand Services NZ PSI (Apr) 48.9 (Prev. 46.0, Rev. 46.2)

The latest New Zealand Services PSI for April came in at 48.9, a notable increase from the previous reading of 46.0 and its revision to 46.2.

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

Newsquawk headlinesUTC

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 Services NZ PSI (Apr) 48.9 (Prev. 46.0, Rev. 46.2)

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

This suggests a recovery in the services sector, although it still remains below the neutral 50 threshold, indicating contraction. Market participants may interpret this data as a signal of improving sentiment, which could influence expectations for monetary policy in New Zealand.

Macro · last 90 days

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