New Zealand is believed to be crawling to economic recovery
New Zealand is believed to be crawling to economic recovery
20 March 2025
Figures -- due out from Stats NZ this morning -- are expected to show the economy grew between 0.3 and 0.5 percent in the three months to December.
That would lift New Zealand out of technical recession - but further growth will be slow.
ASB chief economist Nick Tuffley says an uplift in agriculture in quarter four, will have helped.
He says the sector - particularly dairy - had a strong lift into Christmas.
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