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AAP
AAP
Ben McKay

GDP hit slumps New Zealand further into recession

Construction is down 2.8 per cent in New Zealand as it slips further into recession. (Lukas Coch/AAP PHOTOS)

New Zealand's tanking economy continued at pace in the September quarter, with a fall to gross domestic product of one per cent.

The above-expected contraction comes after an revised 1.1 per cent drop in the June quarter, meeting the widely-accepted definition of a recession.

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