Today's 1.1% GDP surge caught most of the market by surprise.
"I'm still picking up my jaw" is how Westpac New Zealand chief economist Dominick Stephens characterises his response to today's data.
The average forecast was for a 0.5% increase in GDP, although Mr Stephens forecast was a
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Rob Hosking
Thu, 21 Jun 2012
Thu, 21 Jun 2012
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Surprise GDP surge – why it happened and what it means
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