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25 Feb 2026 14:00
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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.

    © 2026 Newstalk ZB, NZCity

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     25 Feb: A sharp drop in alcohol production last year - although spirits had a small lift
     25 Feb: Four years of war in Ukraine leaves Russia a 'spent force' with diminished influence, analyst says
     24 Feb: Mercury's achieved a strong return to profit
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     24 Feb: Mercury's putting a surge in revenue down to improved hydro-conditions - and lower operating costs
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    Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion More...


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