New Zealand’s GDP rose by 0.7% in the December quarter, ahead of market forecasts. Seasonal issues are overstating the strength of the rebound, but there’s some genuine growth in there as well. Key results Quarterly change: +0.7% (last: -1.1%, Westpac f/c: +0.5%, market f/c: +0.4%, RBNZ +0.3%) Annual change: -1.1% (last: -1.6%) New Zealand’s GDP […]
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