Market accepts GDP with no fuss

17.12.21 There wasn’t much market reaction to the NZ GDP release yesterday, which showed a 3.7% fall in Q3, reasonably close (considering all the disruption from lockdowns) to the -4.1% consensus, noted BNZ Markets. " The result is much better than the -7% the RBNZ had factored into its MPS projections, although the likelihood is […]