FX.co ★ New Zealand's Performance of Services Index Edges Up in October

In October 2025, New Zealand's Performance of Services Index (PSI) signaled a modest improvement, moving to 48.7 from 48.3 in the previous month of September. Data, updated on November 16, 2025, shows a slight upward trend, yet the PSI remains below the 50.0 mark, indicating continued contraction in the country's services sector.

The fractional increase in the index points to some stabilization; however, it highlights the ongoing challenges faced by New Zealand's service industries in achieving a growth rebound. The marginal rise could reflect efforts within various service sectors to bolster activities amidst prevailing economic conditions that have been influencing demand and supply dynamics.

Organizations and policymakers may view this uptick as a potential precursor for gradual recovery. Still, the necessity for strategic interventions and innovations remains as they strive to push the index toward and above the growth threshold set at 50.0. Continued monitoring and responsive measures will be crucial in navigating the services sector through these fluctuating times.