New Zealand Gross Domestic Product (YoY) in line with forecasts (-0.5%) in 2Q

Sep 19, 2024

New Zealand Gross Domestic Product (QoQ) above forecasts (-0.4%) in 2Q: Actual (-0.2%)

New Zealand GDP contracts by 0.2% but bucks forecasts

New Zealand's Gross Domestic Product (GDP) growth in the second quarter contracted by 0.2% QoQ, falling back from the previous quarter's revised 0.1% (from 0.2%), but still held above the median market forecast of -0.4%.