NZ economy flat lines into 2024

21.24.24 The New Zealand economy contracted 0.1% q/q in the fourth quarter of calendar 2023. A little weaker than Westpac’s forecast of +0.1% and a technical recession at year-end. “But this isn’t your run-of-the-mill run-for-the-hills recession that we’ve seen through times of financial market and economic crisis,” comments Miles Workman, an ANZ senior economist. “Rather, […]