We've heard of recessions bottoming out – today the recovery bottomed out.Defying average forecasts of a 0.7% increase in GDP for the June quarter, instead we got 0.2%.That was 0.3% lower than the most pessimistic forecast and saw the New Zealand do
Rob Hosking Thu, 23 Sep 2010
We’ve heard of recessions bottoming out – today the recovery bottomed out.
Defying average forecasts of a 0.7% increase in GDP for the June quarter, instead we got 0.2%.
That was 0.3% lower than the most pessimistic forecast and saw the New Zealand dollar lose half a cent against the US currency in
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
