New Zealand's economy has slipped into recession, with GDP declining 1.0% in Q3.
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New Zealand’s economy officially entered a recession in the third quarter, with activity contracting much more sharply than anticipated. GDP fell by 1.0% in the September quarter, far exceeding forecasts of a 0.2% drop, while the June quarter was revised to show a 1.1% decline. This marks the steepest two-quarter contraction, outside of the pandemic, […]
New Zealand's economy has slipped into recession, with GDP declining 1.0% in Q3.
New Zealand's economy has slipped into recession, with GDP declining 1.0% in Q3.
The economy has had its worst six months since 1991, outside the pandemic, with two quarters of significant drops.
The economy has had its worst six months since 1991, outside the pandemic, with two quarters of significant drops.
New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ.
It comes as firms warned that the economy is 'headed for the worst of all worlds' with activity expected to fall sharply in the first three months of...
New Zealand is planning on making changes to its current Golden Visa Program after a recent decline in applications.
TORONTO — Markets on both sides of the border fell sharply Wednesday afternoon after the U.S.
NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of...
NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of...