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    Rohit Bajirao Deore in India

    21 Mar 07:30 AM


    New Zealand slips into 2nd recession in 18 mnths as eco contracts

    New Zealand has entered its second recession in 18 months, with the latest wave of GDP numbers confirming that the economy dropped in the fourth quarter of 2023. stats NZ, New Zealands official statistics office, said on Thursday that the countrys economy contracted by 0.1% in the quarter ending in December, and 0.7% per capita.