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New Zealand economy shrinks record 12% due to virus lockdown

WELLINGTON, New Zealand (AP) - New Zealand's economy shrank by a record 12.2% in the second quarter due to a strict coronavirus lockdown, but forecasts indicate activity is bouncing back.

Statistics New Zealand released figures Thursday showing GDP had fallen far more than ever previously recorded and signaling the nation ...

from www.washingtontimes.com stories: Business & Economy https://ift.tt/35P5DLb

New Zealand economy shrinks record 12% due to virus lockdown New Zealand economy shrinks record 12% due to virus lockdown Reviewed by Riyad on September 16, 2020 Rating: 5

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