New Zealand Gross Domestic Product (YoY) came in at -1.5%, below expectations (-0.4%) in 3Q

Dec 18, 2024

New Zealand Gross Domestic Product (QoQ) came in at -1%, below expectations (-0.4%) in 3Q

New Zealand’s Gross Domestic Product contracts 1.0% QoQ in Q3 vs. -0.4% expected

New Zealand's Gross Domestic Product (GDP) shrank by 1.0% QoQ in the third quarter (Q3) compared with a 1.1% contraction (revised from -0.2%) in the second quarter, the Australian Bureau of Statistics (ABS) showed on Thursday.