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New Zealand gross domestic product: December 2017 quarter
Gross domestic product (GDP) provides a snapshot of the performance of the economy. GDP is New Zealand's official measure of economic growth. Key facts • New Zealand economy grows 0.6 percent. • Service industries grow 1.1 percent, driving economic growth. • Primary industries weaken, down 2.4 percent. • Capital goods lift investment. • GDP per capita rises 0.1 percent. • Real purchasing power of New Zealand’s income up 1.4 percent. New Zealand economy grows 0.6 percent Economic activity, as measured by gross domestic product (GDP), was up 0.6 percent in the December 2017 quarter, the second quarter in ... (full story)