New Zealand’s services sector showed a modest improvement in August, with the Performance of Services Index (PSI) rising to 51.2 from 50.6 in July 2026. The latest reading, updated on 13 September 2026, indicates that activity in the sector is moving further into expansion territory, as values above 50 signal growth.
The August uptick suggests a gradual strengthening in services after a marginally expansionary July. While the increase is not dramatic, the move from 50.6 to 51.2 points to a cautiously improving backdrop for service-based industries, which make up a significant share of New Zealand’s economy. Investors and policymakers will be watching upcoming releases to see whether this nascent momentum can be sustained in the months ahead.