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New Zealand's economy shows surprising 0.7% growth, rebounding from recession in Q4 2024.
New Zealand's economy has rebounded out of a recession, showing a 0.7% growth in the final quarter of 2024, exceeding expectations.
This growth is driven by improvements in electricity usage, business investment, and consumption spending, though construction activity remains weak.
The Reserve Bank of New Zealand is expected to continue lowering the official cash rate this year despite the positive data.
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La economía de Nueva Zelanda muestra un sorprendente crecimiento del 0,7%, recuperándose de la recesión en el cuarto trimestre de 2024.