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ANZ forecast a huge drop for NZ Q2 GDP and a big jump for unemployment

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Old 27-03-2020, 00:02
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Default ANZ forecast a huge drop for NZ Q2 GDP and a big jump for unemployment

New Zealand Q2 GDP to fall 17% q/q (annualised)- 2020 GDP in total to fall 5.5%- Unemployment rate to 8.6%, to stay above 8% into H2 2021ANZ citing nationwide lock down. Assume its for 4 weeks.

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