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Growth in NZ's services sector slips in June

[WELLINGTON] Growth in New Zealand's services sector slipped slightly in June, a survey showed on Monday.

The Bank of New Zealand-Business NZ's seasonally adjusted performance of services index (PSI) fell 0.2 points to 56.7 from 56.9 in the previous month.

A reading above 50 indicates expansion in activity.

BusinessNZ Chief Executive Kirk Hope said that the result for June continued the trend of "healthy expansion," with the sector remaining in a positive position.