Recessions in NZ
Here is the list of recessions since the 1980s, in NZ:
- Jun to Dec 86: -4.9%
- Jan to Jun 91: -4.8%
- Jan 08 to Mar 09: -2.9%
- Jul to Dec 10: -2.6%
- Jan to Jun 20: -10.6%
- Oct 22 to Mar 23: -0.9%
- Jul 23 to Dec 24: -0.5%
They do seem to occur a lot under or just after Labour Governments. Must just be coincidence and bad luck I guess.