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AAP

Business

Ben McKay

New Zealand GDP down 0.6 per cent in Q4 2022

GDP New Zealand Economy Grant Robertson Stats NZ RBNZ the Reserve Bank

NZ is battling to regain tourist numbers from pre-COVID, despite lifting its last restrictions. (Andrew Cornaga/AAP PHOTOS) (AAP)

New Zealand's economy shrank by 0.6 per cent in the final quarter of 2022, a greater contraction than expected.

Market expectation was for an 0.2 per cent fall in the December quarter, suggesting a predicted shallow recession may arrive ahead of time.

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Top stories on inkl right now

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration sued over plans to send election monitors to voting sites

NAACP files lawsuit after head of DoJ’s civil rights division says she hopes to send election monitors to polls

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