New Zealand may be heading into recession after Stats NZ revealed that national GDP had fallen into the red during the December quarter. It comes a few months after the governor of the Reserve Bank of New Zealand (RBNZ), Adrian Orr, admitted it was engineering a recession to combat inflation. “What we are looking at…
New Zealand Close to Recession as Economy Stutters: Statistics Bureau
March 17, 2023
admin
Asia & PacificAustraliaBusiness & MarketseconomyGrant RobertsonInternationalNew ZealandNicola WillisrecessionWorld
0 Comment
Cost of Living Is ‘Number 1’ Priority, Newly Sworn in NZ PM Says as Inflation Remains at 7.2 Percent
An increasing number of New Zealand families are feeling the pinch from the rising cost of living, as the inflation rate remained at a near three-decade high in the three months to December. Stats NZ revealed the annual inflation rate in the December quarter remained stubbornly high at 7.2 percent. This was driven by housing…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta