New Zealand’s GDP rises less-than-expected

Forexpros – New Zealand’s gross domestic product rose less-than-expected in the last quarter, official data showed on Wednesday.

In a report, Statistics New Zealand said that New Zealand’s GDP rose to a seasonally adjusted 0.1%, from 0.9% in the preceding quarter whose figure was revised up from 0.8%.

Analysts had expected New Zealand’s GDP to rise 0.5% in the last quarter.

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