New Zealand’s economy contracted sharply in the third quarter of 2024, with GDP plummeting by 1.0% compared to the previous quarter, according to government data. This contraction dwarfed market ...

New Zealand’s economy suffered a deeper-than-expected recession in the second and third quarters as high interest rates curbed demand. The local dollar fell to a two-year low. Gross domestic ...

SYDNEY, Dec 19 (Reuters) - New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire ...

But what does 2025 have in store? With interest rates coming down there are expectations that we can put recession behind us.

New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for ...

SYDNEY—New Zealand’s economy contracted sharply in the third quarter, extending a bleak period of sustained recession for the South-Pacific nation, but most economists agree that the wheels of ...

New Zealand's economy fell into a recession as a result of output being drastically reduced in the previous quarter, which ended on September. New Zealand's economic activity plummeted much more ...

Home loan borrowers should see rates below 5 percent before too long, one mortgage expert says. The official cash rate is ...

New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country's currency tumbling and sparked ...

SYDNEY (Reuters) - New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected, while the prior quarter was also revised sharply downward ...

SYDNEY--New Zealand's economy contracted sharply in the third quarter, extending a bleak period of sustained recession for the South-Pacific nation, but most economists agree that the wheels of ...