New Zealand GDP Slips 0.2% In Q2
(RTTNews) - New Zealand's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the second quarter of 2024, Statistics New Zealand said on Thursday.
That beat forecasts for a decline of 0.4 percent following the downwardly revised 0.1 percent increase in the three months prior (originally 0.2 percent).
On an annualized basis, GDP sank 0.5 percent - in line with expectations following the upwardly revised 0.5 percent increase in the previous quarter (originally 0.3 percent).
Expenditure on GDP was flat at 0.0 percent in Q2 following a 0.3 percent rise in the first quarter. Expenditure on GDP rose 0.3 percent over the year ended June 2024 compared with the year ended June 2023.
baca selengkapnya
New Zealand Building Consents Jump 5.6% In August
The total number of building permits issued in New Zealand was up a seasonally adjusted 5.6 percent on month in August, Statistics New Zealand said on Thursday - coming in at 3,440.
RTTNews
|
7 hari yang lalu
New Zealand August Trade Deficit NZ$1.349 Billion
New Zealand posted a merchandise trade deficit of NZ$1.349 billion in August, Statistics New Zealand said on Friday.
RTTNews
|
20 hari yang lalu
New Zealand GDP Rises 0.2% In Q2
New Zealand's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
RTTNews
|
21 hari yang lalu
New Zealand Has Seasonally Adjusted Current Account Deficit Of NZ$3.8 Billion
New Zealand's seasonally adjusted current account balance was a NZ$3.8 billion deficit in the June 2026 quarter, Statistics New Zealand said on Wednesday - NZ$666 million narrower than the March 2026 quarter deficit.
RTTNews
|
22 hari yang lalu
New Zealand Manufacturing Index Eases To 5.1 - BusinessNZ
The manufacturing sector in New Zealand continued to expand, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.1.
RTTNews
|
27 hari yang lalu
New Zealand Q2 Terms Of Trade Tumbles 9.0%
New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
RTTNews
|
35 hari yang lalu
New Zealand Hikes Interest Rate For Second Straight Time
The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.
RTTNews
|
36 hari yang lalu
New Zealand Building Permits Sink 4.3% In July
The total number of building permits issued in New Zealand was down a seasonally adjusted 4.3 percent on month in July, Statistics New Zealand said on Wednesday - coming in at 3,579.
RTTNews
|
36 hari yang lalu
