New Zealand Q2 GDP
Gross Domestic Product -0.6% (QoQ) (Q2)
- expected -0.3%, prior 0.8%
Gross Domestic Product -1.1% (YoY) (Q2)
- expected 0.0%, prior -0.7%
more to come
NZD/USD has dropped a few tics on the data release. Big miss for this data. New Zealand in recession again.
This article was written by Eamonn Sheridan at investinglive.com.