{"id":22791,"date":"2020-09-17T10:15:09","date_gmt":"2020-09-17T01:15:09","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/sep\/17\/new-zealand-in-covid-recession-after-worst-quarterly-gdp-fall-on-record"},"modified":"2020-09-17T10:15:09","modified_gmt":"2020-09-17T01:15:09","slug":"new-zealand-in-covid-recession-after-worst-quarterly-gdp-fall-on-record","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=22791","title":{"rendered":"New Zealand in Covid recession after worst quarterly GDP fall on record"},"content":{"rendered":"<p>Finance minister says figures don\u2019t reflect the thousands of lives saved and reduced burden on health system<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/world\/series\/coronavirus-live\/latest\">Coronavirus \u2013 latest updates<\/a><\/li>\n<li><a href=\"https:\/\/www.theguardian.com\/world\/coronavirus-outbreak\">See all our coronavirus coverage<\/a><\/li>\n<\/ul>\n<p>New Zealand has entered a recession with the economy contracting 12.2% in the June quarter \u2013 the largest drop since such records began in 1987.<\/p>\n<p>Paul Pascoe at Stats NZ said the GDP fall was \u201cby far the largest on record in New Zealand\u201d and reflected months spent in lockdown.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/sep\/17\/new-zealand-in-covid-recession-after-worst-quarterly-gdp-fall-on-record\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance minister says figures don\u2019t reflect the thousands of lives saved and reduced burden on health systemCoronavirus \u2013 latest updatesSee all our coronavirus coverageNew Zealand has entered a recession with the economy contracting 12.2% in the June q&#8230;<\/p>\n","protected":false},"author":1411,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,1069,437,558,56],"tags":[],"class_list":["post-22791","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-coronavirus-outbreak","category-economics","category-global-economy","category-new-zealand"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1411"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22791"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22791\/revisions"}],"predecessor-version":[{"id":22792,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22791\/revisions\/22792"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}