Hamro Global - ⚡ 🇳🇿New Zealand slipped into Recession. New...

2023-06-15 06:08:28 -

⚡ 🇳🇿New Zealand slipped into Recession.

New Zealand's economy has fallen into a recession after the country's central bank aggressively raised interest rates to a 14-year high. Its gross domestic product (GDP) fell by 0.1% in the first three months of the year, official figures show.

⚡ 🇳🇿New Zealand slipped into Recession. New Zealand's economy has fallen into a recession after the country's central bank aggressively raised interest rates to a 14-year high. Its gross domestic product (GDP) fell by 0.1% in the first three months of the year, official figures show.

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