GDP growth of 0.6% meets best expectations, defers potential OCR cut
Construction was the biggest contributor while growth in services was the slowest in nearly seven years.
Nevil Gibson Thu, 20 Jun 2019
The keenly awaited figure for GDP growth in the first quarter came in bang on the most positive expectations at 0.6%, unchanged from the previous December quarter.
A consensus of economists proved correct and said it would likely mean no need for an imminent Reserve Bank cut in the official
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