11:05 am today

The economy moves out of recession

From Nine To Noon, 11:05 am today

The economy has rebounded more strongly than expected out of recession, on the back of improved agricultural production and tourism spending. Stats NZ data shows gross domestic product - a broad measure of economic growth - rose 0.7 percent in the three months ended December.The growth is stronger than economists' expectations. RNZ Business Editor Gyles Beckford has analysis.