New Zealand: GDP rose 0.4% annually in the third quarter

New Zealand: GDP rose 0.4% annually in the third quarter

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Financial trend analysis

According to Statistics New Zealand, New Zealand’s GDP rose in the third quarter by 0.4% annually, after a decline of 11.3% in the second (0.1% decline in the first three months of 2020) and against 1.3%. Decline in the Reuters consensus.

According to Statistics New Zealand, New Zealand’s GDP rose in the third quarter by 0.4% annually, after a decline of 11.3% in the second (0.1% decline in the first three months of 2020) and against 1.3%. Decline in the Reuters consensus. On a sequential basis, on the other hand, the New Zealand economy rebounded by 14.0% versus the previous crash by 11.0% (1.4% first quarter decline) and above the 13.5% increase that economists had expected.

(RR – www.ftaonline.com)

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