NZ economic growth outperforms OECD

Tuesday 10 August 2004

New Zealand's economic growth continues to out perform OECD average when it should be in the middle of a slowdown

By The Landlord

It has been called an economy on steroids and the doctor administering them agrees.

Finance Minister Michael Cullen says New Zealand's economic growth continues to out perform the OECD average at a time when indicators are saying the country should be in the middle of a marked slowdown.

In the five years to last March the economy grew by almost 22 percent.

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