Published 1 month ago

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

New Zealand has entered its second recession in 18 months after the latest round of GDP figures showed a 0.1% economic contraction in the last quarter of 2023.
The country's economy also saw a 0.7% per capita shrinkage in the same quarter.
The statistics were announced by New Zealand's official agency, Stats NZ.

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The Hindu

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

The country's economy shrank by 0.1% in the quarter to December and 0.7% in per capita terms, the New Zealand's official statistics agency, Stats NZ, announced on March 21.

1 month ago·India

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Associated Press News

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

WELLINGTON, New Zealand — 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

1 month ago·United States

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abc News

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

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

1 month ago·United States

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KRDO

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

WELLINGTON, New Zealand (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 to December, and 0.7% in per capita terms, the New Zealand’s official statistics agency, Stats NZ, announced on Thursday. The latest slip follows a 0.3% contraction in the September quarter, which fulfils the…

1 month ago·Colorado Springs, United States

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