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29 Oct 2025 7:59
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  •   Home > News > Business

    New Zealand is out of recession, but the recovery could be less of a sprint, and more of a crawl

    New Zealand is out of recession, but the recovery could be less of a sprint, and more of a crawl


    GDP's risen by 0.7 percent in the December quarter.

    But Kiwibank economist Sabrina Delgado says the economy was still 1.1 percent smaller than the same period, the previous year.

    The construction and mining sectors both shrank by more than 10-percent during the year.

    She says the growth we've been seeing, is still off a very low base.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Nelly Furtado is stepping back from performing "for the foreseeable future" 7:51

    Business:
    Commuters on the Auckland City Rail Link will be able to access 5G phone connection from underground 7:47

    Environment:
    Thousands are still without power in the lower South Island, after last week's wild winds 7:37

    Politics:
    Super withdrawals for dental soar to new heights, prompting calls for more oral health funding 7:27

    Politics:
    Former Te Pati Maori staffer Eru Kapa-Kingi, son of Te Pati Maori MP Mariameno Kapa-Kingi, says he is engaging legal counsel over what he claims is "false korero" impacting his family 7:27

    Entertainment:
    Nicole Scherzinger hopes to marry Thom Evans in Hawaii "soon" 7:21

    Business:
    Christchurch Airport's busy summer season is underway - and it's already looking ahead 7:17

    Politics:
    It's early days for new curriculum changes, as not all subject documents have been uploaded 7:07

    Environment:
    Global climate plans need urgent acceleration to meet 2035 emissions target, UN report finds 7:07

    Law and Order:
    Foodstuffs South Island is launching a three-month facial recognition trial in three Christchurch stores 7:07


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