FX.co ★ New Zealand Services Activity Accelerates in October as PSI Edges Higher

New Zealand’s services sector showed a modest pickup in momentum in October 2026, with the Performance of Services Index (PSI) rising to 51.7 from 50.9 in September. The latest reading, updated on 15 November 2026, points to continued expansion in the country’s services industry, remaining above the 50-point threshold that separates growth from contraction.

The improvement from September’s 50.9 suggests underlying demand in services is holding up and may be strengthening slightly, even as broader global and domestic conditions remain in focus for businesses and investors. While the gain is incremental, the move to 51.7 reinforces the picture of a services sector that is expanding rather than stalling heading into the final quarter of the year.