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This article originally appeared on Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment.
The services sector in New Zealand slipped into contraction territory in April, BusinessNZ said on Monday with a Performance of Services Index score of 49.8. That's down from the downwardly revised 53.
The rate of new orders and sales in the services sector softened in April.
Covid-era spending and urgent infrastructure investments may force future governments to carry more debt than previous ones
Monetary policymakers are hoping for a no-thrills budget that helps them dampen inflation