New Zealand’s GDP rebounded by 1.7% in the June quarter, close to our forecast and the RBNZ’s expectation. Services grew strongly as tourists started to return. Quarterly change: +1.7% (last: -0.2%, Westpac f/c: +1.6%, market f/c: +1.0%) Annual change: +0.4% (Last +1.0%) Annual average change: +1.0% (Last: +5.0%) New Zealand’s GDP rose by 1.7% in […]
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