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New Zealand economy worse than feared, fuelling bets of steeper rate cuts
New Zealand's economy shrank more than expected in the second quarter as construction remained in decline and global uncertainty weighed, increasing expectations of a steeper rate cut in October. Read More
New Zealand economy weaker than expected in second quarter, contracts 0.9%
New Zealand's economy shrank more than expected in the second quarter as heightened uncertainty around U.S. tariffs and ongoing weakness in the housing market weighed. Official data out on Thursday ... Read More
New Zealand economy contracts sharply, fuelling bets of steeper rate cuts
New Zealand's economy shrank more than expected in the second quarter as construction remained in decline and global uncertainty weighed, increasing expectations of a steeper rate cut in October. Read More
New Zealand’s Economy Contracts Sharply in 2Q
New Zealand’s GDP fell 0.9% in the second quarter, three times the contraction expected by economists. Read More
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