“New Zealand’s economic growth slowed more than economists forecast last quarter amid a drop in manufacturing and farm output, sending the currency toward its steepest weekly decline since May.
Gross domestic product rose 0.2 percent in the three months ended Sept. 30 from the previous quarter, when it expanded a revised 0.3 percent, Statistics New Zealand said in a report released today in Wellington. Growth matched the central bank’s 0.2 percent forecast and was half the 0.4 percent median estimate in a Bloomberg News survey of 13 economists…”
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