New Zealand NZIER Capacity Utilization (Q2) 90.8% (Prev. 91.2%)

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New Zealand's NZIER Capacity Utilisation (Q2) was released at 90.8% (previous quarter 91.2%). Considering the capacity utilisation rate decreased by 0.4% from the previous quarter, New Zealand's economic growth potential has weakened. This will be a key factor affecting New Zealand's economic growth, and investors will pay close attention.

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The NZIER Capacity Utilisation rate measures the extent to which New Zealand's economy is utilising its available capacity.

With a rate of 90.8% in the second quarter, New Zealand's economy is operating at a relatively high level of capacity utilisation.

However, this rate has declined by 0.4% from the previous quarter, indicating that New Zealand's economy is not as productive as previously thought.

The decline in capacity utilisation suggests that New Zealand's economy may not be growing as rapidly as previously thought,

and that there may be some underlying issues affecting the economy.

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