New Zealand economic growth data for the first quarter of 2024 - a growing economy again, NZ exits recession.
+0.2% q/q
- expected +0.1%, prior -0.1%
+0.3% y/y
- expected +0.2%, prior -0.3%
A beat for the q/q and y/y.
NZD/USD popped on the data release:
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New Zealand Q1 GDP +0.2% q/q (expected +0.1%)
- New Zealand economic growth data for the first quarter of 2024, yes, GROWTH this time!
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