New Zealand, Recession

New Zealand Suffers Deeper-Than-Expected Recession; Kiwi Drops
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.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousGross domestic product declined 1.
How will the Reserve Bank respond to New Zealand's 'deep' recession?
There's uncertainty if the Reserve Bank will change tack following the revelation of New Zealand's deep recession - the GDP falling 1% in Q3.
New Zealand sinks into recession, 5 things to know about its economic decline
Widespread weakness across sectors, declining household and government spending, and a shrinking GDP per capita have created difficulties for New Zealand. The downturn pressures policymakers to cut ra
New Zealand falls into recession with abrupt economic slowdown
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 political finger-pointing.
New Zealand sinks into recession as Q3 GDP falls 1%
New Zealand's economy contracted 1.0% in Q3, marking the steepest two-quarter decline since 1991, heightening recession fears.
New Zealand suffers deeper-than-expected recession
Economy shrank 1 per cent in the three months to September from the previous quarter. Read more at straitstimes.com.
New Zealand sinks into recession, more rate cuts coming
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 more aggressive rate cuts.
New Zealand's Economy Slips Into Recession, Posts Worst Growth In 32 Years
New Zealand's economy recorded a sharper-than-expected contraction in the July-September quarter, marking its second consecutive quarter of decline and confirming a technical recession. The 1 per cent fall in Gross Domestic Product (GDP) exceeded analysts' predictions of a 0.
New Zealand sinks into recession as Q3 GDP dives 1.0%
New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected, while the ...
New Zealand’s Economic Recession Continues But Recovery on Horizon
New Zealand’s economy contracted sharply in the third quarter, extending a bleak period of sustained recession for the ...
New Zealand enters recession, economy sees worst downturn since 1991, currency hits new low
New Zealand's economy shrank by 1% in the third quarter. This was worse than predicted. The country is now officially in ...
New Zealand Falls into Recession - What Are The Reasons?
New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in ...
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Sharp slowdown pushes New Zealand into recession
WELLINGTON: New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering ...
New Zealand Plunges Into Recession After Island Nation's GDP Shrinks 1% In September Quarter
The shock caused the New Zealand dollar, which had already dropped 2.2 per cent in response to hawkish easing by the U.S.
NZ recession and Federal Reserve rate cut sink Aussie dollar but show the RBA dodged a bullet
New Zealand's economy has slipped into one of the developed world's worst recent recessions, but it seems like the Reserve ...
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New Zealand has fallen into a major recession, with Gross Domestic Product, or GDP contracting consecutively for the third time in two years
New Stats NZ figures show GDP fell one percent in the three months to September. It's dramatically different to the predictions from all major banks - of a contraction between point 2 to point 4 ...