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2 Jan 2026 12:43
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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

     Other Business News
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     Today's News

    		 Business:
    Authorities are working to get to the bottom of a major cyber security breach which may have exposed the personal health data of tens of thousands of Kiwis 12:36

     Law and Order:
    Police disrupted two large youth gatherings in the Coromandel last night - after bottles were thrown at officers, fireworks let off in crowds, and a large number of young people were physically obstructive 12:26

     Cricket:
    Australian batter Usman Khawaja has confirmed he will retire from test cricket at the end of the Ashes series against England 11:57

     Motoring:
    An investigation's underway after a serious crash near Levin that left a person critically injured last night 11:56

     International:
    Inside the massive protests sweeping Iran 11:36

     Politics:
    Kiwis are being urged to be extra careful with fires today, as firefighters strike again 11:06

     International:
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     Law and Order:
    Police are inspecting two homes on a property in Bay of Plenty's Pukehina - after the deaths of two people 10:36

     National:
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     Soccer:
    Auckland FC are Mount Smarting after a second home football loss to Newcastle 10:06

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