New Zealand GDP increases 2 pct in Q3

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New Zealand GDP increases 2 pct in Q3

STORY: New Zealand GDP increases 2 pct in Q3 DATELINE: Dec. 15, 2022 LENGTH: 00:02:05 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street view 2. various of a port 3. various of a production line of milk 4. various of a supermarket 5. various of a honey farm STORYLINE: New Zealand's gross domestic product (GDP) rose by 2 percent in the September 2022 quarter, following a revised 1.9 percent rise in the June quarter, the statistics department Stats NZ said on Thursday. This rise was driven primarily by the services industries, which was up 2 percent. The transport, postal, and warehousing industry was the biggest contributor to the growth, up 9.7 percent, Stats NZ said. "With borders opening to all visitors in the September 2022 quarter, we have seen more spending on both international and domestic air travel," said Stats NZ's industry and production senior manager Ruvani Ratnayake. The business services industry also contributed to the result, driven by computer system services, recrui

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