NZ economy likely loses mojo in June quarter
Ahead of GDP data next week, economists reckon the economy went backwards, but there's no technical recession on the horizon.
Manufacturing data was subdued in the June quarter.
New Zealand’s economy is expected to have faced a brisk mid-year chill, with some economists predicting a worse-than-expected June quarter.
Closely watched quarterly GDP data will be released next week, and economists have been making their final predictions. At ANZ, senior economist Matthew Galt
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