14% GDP jump completes NZ's 'V'-shaped recovery

A Stuff article.

Economic activity has bounced back to pre-Covid levels, with GDP rising a record 14 per cent in the three months to September 30, Stats NZ has reported.

Finance Minister Grant Robertson said the bounce was the result of the Government’s decision to go “hard and early” during the Covid-19 pandemic.

But he said the pace of the global recovery was likely to be uneven as countries contended with renewed virus outbreaks “and the resulting containment measures”.

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