New Zealand will have at least 2 more quarters with negative quarterly GDP growth in 2023
15
103
250
resolved Mar 21
Resolved
YES

Based on: https://www.stats.govt.nz/indicators/gross-domestic-product-gdp/

As announced in June 2023
Dec 22: -0.7%

Mar 23: -0.1%

Remaining: June 23, Sep 23, Dec 23

Resolves YES if at the March 24 Stats NZ update (scheduled for 21 March 2024), two quarterly results out of June 23, Sep 23 and/or Dec 23 have negative quarterly growth (%) recorded.

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Announcment as @ March 2024 - CLOSURE
Dec 22: -0.4% (revised up from -0.6%)
Mar 23: -0.3% (revised down from -0.2%)
Jun 23: 0.5%

Sep 23: -0.3%
Dec 23: -0.1%


Resolves YES as both the Sep 23 and Dec 23 quarters have negative quarterly growth (%) recorded as at the March 2024 Stats NZ update.

Refer: https://www.stats.govt.nz/indicators/gross-domestic-product-gdp/

predicted NO

Announcment as @ December 2023
Dec 22: -0.6% (revised down from the -0.5%)
Mar 23: -0.2% (revised down from 0%)
Jun 23: 0.5% (revised down from the 0.9%)

Sep 23: -0.3%
Remaining: Dec 23 + any revisions


Interesting turn of events here, all quarterly GDP growth figures revised down and all hinging on the final announcment in March 2024.

Announcment as @ September 2023
Dec 22: -0.5%
Mar 23: 0% (revised up from -0.1% in the June 23 release)
Jun 23: 0.9%
Remaining: Sep 23, Dec 23


In the interest of clarity, even though the September 2023 StatsNZ release for Mar 23 was revised up from -0.1% to 0%, the resolution of this question remains unchanged.

"""
Resolves YES if at the March 24 Stats NZ update (scheduled for 21 March 2024), two quarterly results out of June 23, Sep 23 and/or Dec 23 have negative quarterly growth (%) recorded.

"""

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