Data out this week is expected to show New Zealand remains in the midst of an economic slowdown.

Economists said Stats NZ's June quarter gross domestic product (GDP) release, due out on Thursday, was likely to show a modest lift, but that the second half was looking softer.

GDP edged ahead by 0.6 per cent in the March quarter, making for a 2.5 per cent annual gain over the same quarter last year.

A survey of 18 economists conducted by business wire service Bloomberg put the average of expectations at plus 0.4 per cent for the June quarter, for an

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