Another recession could be on the way | 1News |
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New Zealand’s gross domestic product fell 0.3% in the September 2023 quarter, following a revised 0.5% increase in the June 2023 quarter, according to figures released by Stats NZ today.
The revision of the past two quarters means New Zealand suffered a recession at the start of the year with two quarters of contraction. Subscribe to 1News: http://bit.ly/1NEWSSubscribe | For the latest news from Aotearoa and overseas: https://1News.co.nz WATCH DAILY AT 6PM ON TVNZ 1 OR CATCH UP ONDEMAND: https://www.tvnz.co.nz/shows/one-news-at-6pm FOLLOW 1NEWS ON SOCIAL MEDIA Facebook: https://www.facebook.com/1NewsNZ/ Instagram: https://www.instagram.com/1NewsNZ/ Twitter: https://twitter.com/1NewsNZ/ TikTok: https://www.tiktok.com/@1NewsNZ This is the official channel of TVNZ's 1News, where news and current affairs reports are uploaded from 1News, Seven Sharp, Breakfast, Q+A, Fair Go and Sunday. |