15 Apr 2013

Services sector activity edges down - index

7:08 pm on 15 April 2013

Activity in the services sector has edged down, but remains robust.

The BNZ-Business New Zealand Performances of Services Index declined 0.1 points to 55.4 last month, the highest March recorded in three years.

A reading above 50 indicates the sector is expanding.

Business New Zealand chief executive Phil O'Reilly says the rebuilding of Christchurch and Auckland's surging property market has underpinned activity.