New Zealand's economy expanded 1.1 percent year-on-year in the December quarter, slower than the 1.4 percent growth estimated earlier, Statistics New Zealand said Tuesday.
The revision was to incorporate the new industry classification, which according to the statistical agency, will better represents the current economy.
The gross domestic product grew 0.3 percent quarter-on-quarter during the period, unchanged from previously published figure. In the September quarter, GDP rose 0.2 percent.
by RTT Staff Writer
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