/New Zealand Economy Shrinks Record 12% Due To Virus Lockdown
New Zealand Economy Shrinks Record 12% Due To Virus Lockdown

New Zealand Economy Shrinks Record 12% Due To Virus Lockdown

New Zealand Economy Shrinks Record 12% Due To Virus Lockdown
New Zealand’s economy shrank by a record 12.2% in the second quarter due to a strict coronavirus lockdown, but forecasts indicate activity is bouncing back.