20 Oct 2014

Service sector grows strongly

1:38 pm on 20 October 2014

The services sector continues to show strong growth across all sectors and all regions of New Zealand.

The Bank of New Zealand - Business-NZ Performance of Services Index rose 0.3 points to 58 points in September, from August.

A reading above 50 points indicates the sector expanded.

New orders were strong at 61 points, while sales were also strong at just over 60 points.

BNZ economist Craig Ebert said the strength of last month's employment activity, at 55 points, is particularly notable.

"It's a pretty chunky looking set of numbers, and it is agian consistent with good growth," he said.