Economy avoids recession as services rebound in June quarter
NZ economy expands 1.7% as Covid restrictions ease.
Graphic: Michael Hickmott.
New Zealand’s economy bounced back in the June quarter as the open borders and easing of Covid-19 restrictions helped fuel growth.
Data from Statistics New Zealand showed the economy expanded 1.7% in the June quarter, roughly in line with RBNZ and economic forecasts.
The positive result meant New
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