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Business Weekly Economic Report 
Economy down, mortgage rates up.
Monday, 30 March 2009
  • GDP in Q4 contracted by 0.9% qoq, a fraction better than expectations and a milder decline than many countries experienced
  • Long-term mortgage rates have soared on global events and the sheer volume of fixing activity 


     

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Report Prepared by:

Chris Tennent-Brown
CBA NZ Economist
Phone: +64 9 374 8819
Fax: +64 9 302 0992






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