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flag New Zealand's economy shows surprising 0.7% growth, rebounding from recession in Q4 2024.

flag New Zealand's economy has rebounded out of a recession, showing a 0.7% growth in the final quarter of 2024, exceeding expectations. flag This growth is driven by improvements in electricity usage, business investment, and consumption spending, though construction activity remains weak. flag 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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