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New Zealand Gross Domestic Product
Gross domestic product (GDP): Economic activity increased 1.0 percent in the March 2014 quarter. Construction (up 12.5 percent) and mining (up 6.3 percent) were the main drivers of the increase. Wholesale trade (down 1.5 percent) partly offset the growth. Economic activity for the year ended March 2014 was up 3.3 percent. Expenditure on gross domestic product: The expenditure measure of GDP was up 1.3 percent in the March 2014 quarter. Exports (up 3.1 percent) and inventories (built up by $376 million) were the main drivers. Investment increased by 2.1 percent, driven by increases in residential and non-residential ... (full story)
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