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New Zealand's Economy Recovers from Recession, an Industrial Info Market Brief


Industry Segment: Market Brief | Word Count: 84 Words
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New Zealand's economy has recovered from its COVID-19-induced recession, according to recent numbers released by Statistics New Zealand.

The V-shaped economic recovery is due to more consumer spending and New Zealand's control of the COVID-19 outbreak, according to Bloomberg. The economy grew by 0.4% compared with 2019.

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