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Financial News: New Zealand GDP Rises 0.6% On Quarter In

New Zealand GDP Rises 0.6% On Quarter In Q3

12/20/2017 - 17:00:00 (RTTNews)

(RTTNews) - New Zealand's gross domestic product advanced 0.6 percent on quarter in the third quarter of 2017, Statistics New Zealand said on Thursday.

That was in line with expectations and up from the upwardly revised 1.0 percent increase in the three months prior.

Annual GDP growth for the year ended September 2017 was 3.0 percent - beating forecasts for 2.4 percent and up from 2.8 percent in Q2.

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