{"id":62142,"date":"2022-03-17T02:39:02","date_gmt":"2022-03-16T22:39:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62142"},"modified":"2022-03-17T02:39:06","modified_gmt":"2022-03-16T22:39:06","slug":"new-zealands-economy-bounced-less-than-expected-in-q4","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/new-zealands-economy-bounced-less-than-expected-in-q4\/03\/17\/market-updates\/","title":{"rendered":"New Zealand\u2019s Economy Bounced Less Than Expected in Q4"},"content":{"rendered":"\n<p>New Zealand\u2019s economy grew less than economists expected in the final three months of 2021 as it bounced back from a contraction caused by a lockdown in largest city Auckland. <br><br>Gross domestic product rose 3% from the third quarter, when it fell a revised 3.6%, Statistics New Zealand said Thursday in Wellington. Economists anticipated a 3.3% increase. From a year ago, the economy expanded 3.1%.<br><br>The Gross Domestic Product (GDP), released by Statistics New Zealand, highlights the overall economic performance on a quarterly basis. The gauge has a significant influence on the Reserve Bank of New Zealand\u2019s (RBNZ) monetary policy decision, in turn affecting the New Zealand dollar. <br><br>A rise in the GDP rate signifies improvement in the economic conditions, which calls for tighter monetary policy, while a drop suggests deterioration in the activity. An above-forecast GDP reading is seen as NZD bullish.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Zealand\u2019s economy grew less than economists expected in the final three months of 2021 as it bounced back from a contraction caused by a lockdown in largest city Auckland. Gross domestic product rose 3% from the third quarter, when it fell a revised 3.6%, Statistics New Zealand said Thursday in Wellington. Economists anticipated a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[194,7148,7916,7345],"class_list":["post-62142","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-gdp","tag-new-zealand","tag-q4","tag-rbnz"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62142"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62142\/revisions"}],"predecessor-version":[{"id":62146,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62142\/revisions\/62146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32108"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}