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flag New Zealand's economy grew 0.9% in Sept. quarter, but remains below pre-pandemic levels, with South Island leading due to strong farm exports.

flag New Zealand’s economy grew 0.9% in the September quarter, but remains below pre-pandemic levels, with South Island regions outpacing the North due to strong performance in dairy, meat, and horticulture. flag While farm incomes rose on high dairy payouts and export volumes, urban areas saw job losses and sluggish consumer spending. flag Employment fell nationally by 0.6%, with metro areas down 0.8%, though five South Island regions gained jobs, led by the West Coast. flag Despite rising orders and modest housing market gains, businesses remain cautious, and the services sector continues to struggle.

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