This week s last-quarter GDP number for 2020 has economists divided
14 Mar, 2021 04:00 PM
4 minutes to read
Did we spend enough to keep the economy growing in the last quarter of 2020? Photo / Stuart Munro
Did we spend enough to keep the economy growing in the last quarter of 2020? Photo / Stuart Munro
Did New Zealand s economy shrink or grow in the last quarter of 2020? Economists are divided with some picking a contraction while others see momentum from the post-lockdown rebound carrying on to keep things in positive territory.
New Zealand crashed into recession in the first half of 2020 before a record bounce with 14 per cent growth in the third September quarter.