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AAP
AAP
Business
Ben McKay

New Zealand on recession knife-edge as GDP data looms

Recession GDP New Zealand Grant Robertson Stats NZ NZ
Finance Minister Grant Robertson is optimistic other sectors will help keep NZ out of the red. (Ben McKay/AAP PHOTOS) (AAP)

New Zealand may slip into a technical recession this week as the country battles COVID-19 headwinds and recovery from natural disaster.

On Thursday, when Stats NZ releases its gross domestic product (GDP) data for the first quarter of 2023, economists are tipping a second-consecutive fall in economic output.

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