New Zealand’s economy has officially entered technical recession, with GDP contracting by -0.1% qoq in Q4, below expectation of 0.0% qoq. This decline follows -0.3% contraction in Q4, marking two consecutive quarters of negative growth. GDP per capita declined decline of -0.7% qoq, while real gross national disposable income saw a -1.4% qoq drop. The […]
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