Friday , 22 November 2024
Home Forex New Zealand Q2 GDP -0.2% q/q (expected -0.4%)
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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.

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