17.12.2014 23:12:27
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New Zealand GDP Climbs 1.0% In Q3
(RTTNews) - New Zealand's gross domestic product expanded 1.0 percent on quarter in the third quarter of 2014, Statistics New Zealand said on Thursday.
That topped forecasts for an increase of 0.7 percent, which would have been unchanged from the previous three months.
On a yearly basis, GDP added 2.9 percent - below expectations for 3.3 percent and down from the downwardly revised 3.2 percent in the second quarter, (originally 3.9 percent).