Fuel Price Surge Hits NZ Economy

The economic recovery in New Zealand stalled in the second quarter of the year due to higher fuel prices, which started to hit consumers' pockets.

Economic growth data is set to be released on Thursday, offering a mixed bag for optimists and pessimists alike.

While the stall may not have been as bad as some had feared, it still indicates that economic momentum has slowed. The exact impact of the fuel price surge is yet to be determined, but it's clear that consumers are feeling the pinch.