The New Zealand economy grew in the second quarter, for the first time since the end of 2007, marking the end of a prolonged recession.
Gross domestic product rose by 0.1 per cent in the June quarter – after five consecutive quarters of contraction.
By Elizabeth Fry in Sydney
Published: September 23 2009 03:56 | Last updated: September 23 2009 03:56
The New Zealand economy grew in the second quarter, for the first time since the end of 2007, marking the end of a prolonged recession.
Gross domestic product rose by 0.1 per cent in the June quarter – after five consecutive quarters of contraction.