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15.12.2021 22:50:34
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New Zealand GDP Eases 0.3% On Year In Q3
(RTTNews) - New Zealand's gross domestic product was down an annualized 0.3 percent on year in the third quarter of 2021, Statistics New Zealand said on Thursday.
That beat expectations for a decline of 1.6 percent following the 17.9 percent surge in the previous three months.
On a seasonally adjusted quarterly basis, GDP was down 3.7 percent - again topping forecasts for a decline of 4.5 percent following the 2.8 percent increase in the second quarter.
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