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Tag: New Zealand GDP shrinks

New Zealand slips into its second recession in 18 months as economy contracts

Posted on March 21, 2024 By admin
New Zealand slips into its second recession in 18 months as economy contracts

A shopper walks past a jewellery store in Auckland, New Zealand, on March 19, 2024. | Photo Credit: AP New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023. The country’s economy shrank by 0.1% in the quarter…

Read More “New Zealand slips into its second recession in 18 months as economy contracts” »

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