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.
Economy
New Zealand exits recession, posting Q4 GDP growth of 0.7%
'Upside surprise' performance could indicate additional rate cuts this year
Tourism was a bright spot in New Zealand's late-2024 economy, data showed, with visitors arriving in destinations including the capital city of Wellington. © Reuters
Read Next
Latest on Economy
