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New Zealand Economy Continues To Slowly Move Out Of Recession
15 hours ago ago from BIGCAPITAL's Blog
(Update with comments from finance minister and economists, currency and market reaction and earlier comments from Fitch Ratings on current account) WELLINGTON New Zealand's economy continued to expand in the third quarter as the country's gradual move out of recession gathered momentum, but economists said the tepid growth is unlikely to spur the Reserve Bank to immediate action. Statistics New Zealand said ...
Related contentEmerging Recovery For The New Zealand Economy
15 hours ago ago from Daily Markets
With New Zealand 3rd quarter GDP out today, it is an opportune moment to reflect upon the economy of this small developed island nation. The figure came in up +0.2% quarter on quarter in September, this was below consensus estimates of +0.4%, but a few had picked this lower number on the basis of weak manufacturing and construction sectors. The number compares with +0.2% in the June quarter (revised up from a preliminary +0.1%). The figures ...
Related contentNew Zealand GDP Posts Minor Q3 Expansion
15 hours ago ago from Finance Room
New Zealand's economy grew in the third quarter of 2009, but by less than expected. Statistics New Zealand reported Wednesday that the nation's gross domestic product increased 0.2 percent over the preceding quarter. The government agency also upwardly revised New Zealand's 2nd quarter GDP growth to 0.2 percent from 0.1 percent. The September quarter increase was below the forecast of 0.4 percent GDP growth predicted by most ...
Related contentNew Zealand Gross Domestic Product Disappoints in Third Quarter
18 hours ago ago from GoldTradingCalls.com
New Zealand Gross Domestic Product figures disappointed, revealing the economy grew 0.2% in the third quarter. Economists had predicted a 0.4% expansion ahead of the release. Read more: New Zealand Gross Domestic Product Disappoints in Third Quarter
Related contentNew Zealand economy grows 0.2 percent
14 hours ago ago from Free Malaysia Today - English
WELLINGTON: New Zealand's economy grew 0.2 percent in the three months to September, in the second straight quarter of sluggish growth following a long recession, official figures showed Wednesday. The rise followed a revised 0.2 percent rise in gross domestic product (GDP) in the June quarter, which came after five consecutive quarters of contraction, Statistics New Zealand said. Gross domestic product shrank 1.3 percent ...
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Wacky New Year specs live on in 2010, despite 1
18 hours ago ago from U.S. News
Wacky New Year specs live on in 2010, despite 1 NEW YORK (AP) -- The decade's end was supposed to finish off those wacky, year-shaped glasses favored by the reveling seas on New Year's Eve in Times Square and around the world. Gone would be the convenient loops of the 1990s and the double-zero good times of the '00s. Where was the 1 going to go? Doubters said it couldn't be done. Well, turns out the 2010-shaped specs ain't half bad. ...
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