NZ economy expands by 2% in September quarter; June revised up
GDP growth was above some forecasts; the RBNZ expects a slowdown next year and a shallow recession.
Stats NZ data out today showed the economy grew 2% in the September quarter.
New Zealand’s economy continued to expand in the September quarter, led by a rise in the services sector.
Stats NZ data out today showed the economy grew 2% in the September quarter, above some analysts’ expectations – including the RBNZ.
Meanwhile, the June quarter’s data was revised upwards
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