New Zealand avoids technical recession – just
Stats NZ GDP data show the economy contracted 0.2% in the June quarter, while the March quarter was revised slightly.
Manufacturing was a bright spot in the June GDP data.
New Zealand has escaped another technical recession by the smallest of margins.
Statistics New Zealand GDP data out today showed the economy fell 0.2% in the June quarter, while the March quarter was revised from 0.2% expansion to just 0.1% growth.
A technical recession would only happen after two
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