The economy of New Zealand increased by 0.6 percent during the third quarter due to the rebound in construction, report based on the official data issued on Thursday. The growth in the gross domestic product (GDP) in the quarterly basis coincides with the market expectations, showing an annual rise of 3.0 percent. According to the Statistic New Zealand, the construction activity picked up this quarter and unwind the decline of the last two quarters. This further indicates an expansion in construction-related investment, as residential buildings and infrastructure investments implied strong growth. Moreover, construction gained 3.6 percent over the quarter and service industries achieved 0.6 percent along with the leading residential and health care. The Statistics NZ further stated that primary industries are down to 0.4 percent, partially because of the wet weather that reduced milk production.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
