New Zealand officially in recession as second-quarter GDP posts record decline
FILE PHOTO: Commute traffic is seen on the first day of New Zealand's new coronavirus disease safety measure that mandates wearing of a mask on public transport, in Auckland, New Zealand, August 31, 2020. REUTERS/Fiona Goodall
Growth has been hit by a standstill in economic activity as a strict nationwide coronavirus lockdown in April and parts of May forced almost everyone to stay at home and businesses to shut. But economists say New Zealand will bounce back faster, while other nations are still struggling to contain the coronavirus.
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