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NZ Economy Shows Signs of Recovery | Auckland News
New Zealand’s economy may be turning a corner, with ASB economists predicting the worst is behind us thanks to falling oil prices that are easing inflation fears and giving households more spending power. After a rough stretch fueled by global shocks and high fuel costs, growth rebounded with a 0.8% GDP rise in the March quarter — stronger than expected. While lingering pressures from shipping disruptions and a shaky job market remain, tourism is nearly back to pre-pandemic levels and key exports like dairy and meat are thriving. With global risks still present, especially in the Middle East…
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