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19 Nov 2025 11:34
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      Home > News > Business

    A few green shoots among downcast GDP figures

    A few green shoots among downcast GDP figures


    Stats NZ revealed this morning a 0.2 percent contraction for the three months to June - following 0.1 percent growth in the March quarter.

    Despite the overall fall, seven industries recorded growth - led by manufacturing, which had its best rise in activity in three years.

    But Kiwibank economist Jarrod Kerr says New Zealand's still not out of the woods.

    He says there are signs of improvement, but no sector has been immune to this recession.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     18 Nov: The Kiwi dollar is the weakest compared to Australia in 12 years - trading at just 87 Aussie cents
     18 Nov: Promise of tougher times for scammers, thanks to a number of new endeavours aiming to build up our defences
     17 Nov: A quick turnaround for the newly announced changes to vehicle imports - to be law by week's end
     17 Nov: Inflation is still running hot - with the price of food, gas and electricity all high
     Top Stories

    RUGBY RUGBY
    Samoa have become the final team to qualify for the 2027 men's Rugby World Cup in Australia after drawing 13-all with Belgium in Dubai More...

    BUSINESS BUSINESS
    Seafood company Sanford has achieved a record full-year profit fuelled by a strong performance of its aqua-cultural business More...


     Today's News

    		 Rugby:
    Samoa have become the final team to qualify for the 2027 men's Rugby World Cup in Australia after drawing 13-all with Belgium in Dubai 11:27

     Entertainment:
    James Van Der Beek is auctioning off Dawson's Creek and Varsity Blues props to help with the financial burden of his cancer battle 11:25

     Soccer:
    To football World Cup qualification drama.. 11:17

     International:
    How often should you pay your mortgage to save? 11:17

     National:
    Is the AI bubble about to burst? What to watch for as the markets wobble 11:17

     Law and Order:
    Police believe they have caught two teens responsible for a recent crime spree in small Waikato town, Otaua 11:07

     Entertainment:
    Glen Powell is "not in a rush" to find love 10:55

     Law and Order:
    Police have named a man who died after a hit and run in Auckland's Henderson over the weekend 10:47

     International:
    US House of Representatives passes bill to release Epstein files 10:37

     Business:
    Seafood company Sanford has achieved a record full-year profit fuelled by a strong performance of its aqua-cultural business 10:27

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