Economy in relatively good shape before virus hit
The GDP stats show the economy grew just 0.5% in the December quarter.
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While economic growth slowed last year, the economy still ended 2019 in relatively good shape ahead of the impact of the Covid-19 coronavirus pandemic.
Statistics New Zealand said the economy grew 0.5% in the three months to the end of December, following a 0.8% rise in the previous quarter. The
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