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New Zealand GDP Slips 0.1% In Q1

Por: RTTNews Business June 15, 2023

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New Zealand's gross domestic product contracted 0.1 percent on quarter in the first quarter of 2023, Statistics New Zealand said on Thursday, keeping the kiwi in recession.The result was in line with expectations following the downwardly revised 0.7 percent contraction in the previous three months (originally -0.6 percent).Expenditure on GDP fell 0.2 percent, while primary industries fell 0.5 percent. Service industries shed 0.6 percent and... + full article



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