Friday , 27 December 2024
Home Forex New Zealand GDP surprises to the downside, shallow recovery to -0.1% from -0.3%
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New Zealand GDP surprises to the downside, shallow recovery to -0.1% from -0.3%

New Zealand’s Gross Domestic Product (GDP) contracted another -0.1% in the fourth quarter, recovering from the previous quarter’s -0.3% but missing the median market forecast of an increase of 0.1%.

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