Economy surprises in the June quarter
Quarterly growth of 0.9% was above expectations, while no technical recession was recorded.
WATCH: Finance minister Grant Robertson discusses quarterly growth.
New Zealand’s economy has beaten expectations – notching 0.9% growth in the June quarter, according to Stats NZ.
That was ahead of most forecasters, including the Reserve Bank, after predicting growth of 0.5% when it released its August Monetary Policy Statement.
The OECD average growth rate was
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