New Zealand economy shrinks 0.3 percent in 1Q (AP)

[riky]

New Zealand economy shrinks 0.3 percent in 1Q
    (AP)

 

AP - New Zealand's government said Friday the economy shrank by 0.3 percent in the first quarter of 2008, but the country may just escape falling into recession if the central bank's forecast for minor second-quarter growth holds true.


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