NZ economy surges past Australia, defying recession fears
The NZ economy outperformed Australia in the June quarter, growing by 0.9% compared to Australia’s 0.4%. Unlike Australia, which saw a 0.3% decline in GDP per capita during the same period, NZ experienced a 0.2% increase in that measure. NZ’s growth exceeded expectations, with the central bank forecasting 0.5% and the Treasury predicting 0.6% in […]
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