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'Shock' revisions push quarterly growth rate to 0.7%

The economy expanded less than previously calculated in the first half of the year.

Nevil Gibson Thu, 19 Dec 2019

Economists have expressed shock not to say surprise at the extent of Stats NZ revisions that have upended growth figures for the past two years.

A substantial jump in retail spending lifted gross domestic product (GDP) by 0.7% in the September quarter, above the market expectation of

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'Shock' revisions push quarterly growth rate to 0.7%
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