CANBERRA -- New Zealand's gross domestic product expanded 0.7% in the final quarter of last year, rebounding from consecutive declines of 1.1% in the two preceding quarters, government figures released on Thursday show.
Stats NZ data showed that 11 of 16 industries posted growth, with large rises in rentals, hiring and real estate services. Retail trade, accommodation, health care and social assistance also improved. The largest falls were in construction -- which dropped 3.1% -- information media and telecommunications.
