Business NZ is cautiously optimistic about the end of the Covid19 recession
Business NZ is cautiously optimistic about the end of the Covid19 recession
17 December 2020
Today's figures show for the September quarter GDP has risen a dramatic 14 percent, reversing the 11 per cent drop in June.
Although annually GDP is down 2.2 percent, economic activity is back to pre-Covid19 levels.
Business NZ Chief Executive Kirk Hope says the huge fiscal stimulus package has cushioned some of the worst impacts of Covid-19, but the country continues to face big risks.
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