New Zealand Q2 GDP Gross Domestic Product -0.9% (QoQ) (Q2) expected -0.3%, prior 0.8%Gross Domestic Product -0.6% (YoY) (Q2) expected 0.0%, prior -0.7%NZD/USD has dropped a few tics on the data release. Big miss for this data. New Zealand in recession again. New Zealand's economy contracted in the second quarterheightened uncertainty around U.S. tariffs and ongoing weakness in the housing market cited This article was written by Eamonn Sheridan at investinglive.com.