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(Bloomberg) -- New Zealandâs economy unexpectedly contracted in the first quarter as Covid-19 ran rampant through the population for the first time and interest rates rose in response to soaring inflation.
Most Read from Bloomberg
China Says It May Have Detected Signals From Alien Civilizations Stocks Jump as Powell Soothes Wall Streetâs Nerves: Markets Wrap Fed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in July Worldâs Central Banks Got It Wrong, and Economies Pay the P...
>>> Read more: New Zealand Economy Surprisingly Contracts as Covid Spread
Most Read from Bloomberg
China Says It May Have Detected Signals From Alien Civilizations Stocks Jump as Powell Soothes Wall Streetâs Nerves: Markets Wrap Fed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in July Worldâs Central Banks Got It Wrong, and Economies Pay the P...
>>> Read more: New Zealand Economy Surprisingly Contracts as Covid Spread