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New Zealand Q3 GDP comes in much better than expected

New Zealand Q3 GDP comes in much better than expected

New Zealand GDP for Q3:

+2.0% q/q

  • expected +0.9%, prior +1.7%

+6.4% y/y

  • expected +5.5%, prior +0.4%

Yesterday NZ Treasury forecast a recession for New Zealand beginning in Q2 next year:

Posted: Dec 14 2022, 21:47
Author Name: forexlive
Views: 110724

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