News | Business
22 Jul 2024 23:02
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Weak economies in other developed countries are impacting GDP growth in New Zealand

    Weak economies in other developed countries are impacting GDP growth in New Zealand


    The economy grew 0.2 percent in the March quarter, officially taking the country out of a technical recession.

    However per capita, GDP has decreased by 0.3 percent.

    ASB Senior Economist Kim Mundy says what happens offshore has an influence, with China and other major economies tightening monetary policy.

    She says they expect it to take a while before there's a more pronounced growth in GDP in New Zealand.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     22 Jul: It's unclear what will be the Warehouse Group's next steps
     22 Jul: The Government's taking urgent action to address problems at Health New Zealand
     22 Jul: Tiwai's Point's smelter has again reduced its electricity usage
     22 Jul: Warehouse founder Sir Stephen Tindall looks to be coming in to save the business he started
     22 Jul: Another high-end hospitality offering is calling it quits
     21 Jul: Companies affected by the global IT outage, are unlikely to receive compensation
     21 Jul: Six people came to Bangkok to resolve a business dispute. It ended in murder-suicide by cyanide
     Top Stories

    RUGBY RUGBY
    Belief from All Black great Sir Bryan Williams that Ardie Savea's signing will encourage young Polynesian talent up and down the country to view Moana Pasifika as an ideal Super Rugby pathway to the top More...


    BUSINESS BUSINESS
    It's unclear what will be the Warehouse Group's next steps More...



     Today's News

    Health & Safety:
    A woman whose misread smear tests led to an undetected cancer has taken her experience to the Health and Disability Commissioner, to protect other women 21:57

    Entertainment:
    Gwyneth Paltrow worries most about "anxiety" when it comes to traits her children may suffer 21:44

    Environment:
    The fight to contain a large burn off in the McKenzie country will continues tomorrow 21:17

    Entertainment:
    Anna Faris stays "youthful" by pretending to be characters including a "mean nanny" while on adventures with her son 21:14

    Environment:
    Hundreds of giant tortoises return to Galápagos Islands decades after near-extinction of species 21:07

    Entertainment:
    Anthony Michael Hall toasted his 56th birthday with a 'Breakfast Club' cast reunion 20:44

    Entertainment:
    Lily Allen gets her children and husband to do her laundry 20:14

    Environment:
    State Highway 80 is now CLOSED at the intersection with SH8 near Lake Pukaki, due to a nearby scrub fire 19:57

    Entertainment:
    Chet Hanks' parents were supportive of him signing up for reality TV 19:44

    Entertainment:
    Spencer Matthews' "shocking" relationship with alcohol left him feeling "ashamed" 19:14


     News Search






    Power Search


    © 2024 New Zealand City Ltd