NEW Zealand’s economy has fallen into a recession, revealed official data released today, with a damaging cyclone fuelling a widespread downturn just months before a national election.
Stats NZ signalled the economy had contracted 0.1% in the first quarter, after a fall of 0.7% at the end of 2022. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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