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5 Mar 2026 16:33
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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.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    National:
    The debate NZ should really be having about language policy 16:27

    National:
    What would Winston Churchill make of war with Iran? 16:17

    Cricket:
    A former Proteas captain is lauding the record-breaking display from Finn Allen that launched the Black Caps into the final of cricket's T20 World Cup 16:17

    National:
    Strait of Hormuz: Gulf states’ food security is at immediate risk but wider shortages could push up consumer prices globally 16:07

    International:
    Why are some Shia Muslims mourning Ayatollah Ali Khamenei? 16:07

    Entertainment:
    Noel Gallagher hailed his brother Liam Gallagher as he collected the Songwriter of the Year gong at the BRIT Awards 16:05

    Entertainment:
    Mark Ronson paid an emotional tribute to the late Amy Winehouse as he collected the Outstanding Contribution to Music prize at the BRIT Awards 15:35

    Law and Order:
    A patched Black Power member's been charged after allegedly assaulting two people in a road rage attack in Waikato 15:27

    Rugby:
    The men's 1500 metres at the national track and field championships in Auckland has been changed to a straight final 15:07

    Entertainment:
    Sam Fender and Olivia Dean's Rein Me In has won Song of the Year at the BRIT Awards 15:05


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