NewZealand Q3 GDP up 0.2%

NewZealand’s GDP rose 0.2% s/adj in in 3rd quarter. This is slightly below the expectations of a 0.3% rise.

Year on year Q3 GDP comes in at -1.3%.

Household consumption up 0.8%. Manufacturing activity down 1.9% and mining activity up 11.1%.

NZDUSD falls from 7025 down to 6975.