新西兰第二季度经济萎缩幅度超过预期

Core Viewpoint - New Zealand's economy contracted more than expected in the second quarter due to rising unemployment and global uncertainties affecting demand [1] Economic Performance - The revised GDP for the first quarter showed a growth of 0.9%, while the GDP for the three months ending in June decreased by 0.9%, contrasting with economists' expectations of a 0.3% contraction [1] Monetary Policy Implications - The sluggish response of the economy to significant interest rate cuts by the central bank suggests that cooling demand may alleviate inflationary pressures, potentially allowing the Reserve Bank of New Zealand to further lower interest rates by the end of the year [1]