GDP quarterly drop looks temporary

Dec 16, 2021 | Economy

16.12.21 New Zealand’s GDP fell by 3.7% in the September quarter.  This was smaller than the average market forecast of 4.1% fall noted Westpac. New Zealand’s economy was clearly running hot heading into the Auckland lockdown on August 18, said acting chief economist Michael Gordon. Activity was dented by public health restrictions, rather than a […]

 


 

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