Saturday , 22 February 2025
Home Forex New Zealand Q2 GDP -0.2% q/q (expected -0.4%)
Forex

New Zealand Q2 GDP -0.2% q/q (expected -0.4%)

New Zealand economic growth data for the April to June quarter of 2024

NZD/USD is around 0.6219, not a lot of change on this result.

New Zealand’s economy
contracted in Q2

  • retail trade and accommodation, agriculture, forestry,
    and fishing and wholesale trade slowed

The Reserve Bank
of New Zealand had forecast the economy contracted by 0.5%.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin or Ethereum?

Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...