Liam Dann: Top of the world - GDP soars as Kiwis party for their country
17 Dec, 2020 04:43 AM
4 minutes to read
New Zealand s successful Covid-19 elimination strategy has allowed people to unleash much of the pent-up demand in the economy. Photo / File
New Zealand s successful Covid-19 elimination strategy has allowed people to unleash much of the pent-up demand in the economy. Photo / File
New Zealand s third-quarter GDP surge puts us on top of the world, relative to our international peers. At 14 per cent, the dramatic rebound was driven by a combination of government and Reserve Bank stimulus, strong export returns - and by Kiwis drinking, eating and holidaying like the nation depended on it.