New Zealand's service sector activity rises in September

Service sector activity in New Zealand increased at a faster rate in September than in the month before, a report revealed by the Bank of New Zealand and BusinessNZ showed on Monday. According to the report, the performance of service index (PSI) advanced from 53.3 recorded in August to 55.6 points in September, while new orders rose from 54.9 to 61.1 in the same month.