New Zealand GDP grows 0.2% qoq, pulls out of recession despite per capita decline

New Zealand’s GDP grew by 0.2% qoq in Q1, surpassing the expected 0.1% growth and pulling the economy out of a technical recession following consecutive declines in the last half of 2023. On an annual basis, GDP growth was also 0.2% yoy. The primary industries experienced a modest growth of 0.2% qoq, while goods-producing industries […]

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