News | Business
29 Jul 2021 4:02
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    A bigger rise in GDP than anyone expected for the first three months of the year

    A bigger rise in GDP than anyone expected for the first three months of the year


    GDP went up one point six per cent in the March quarter - following on from a one per cent contraction in December.

    KiwiBank chief economist Jarrod Kerr says consumers and businesses spent more than anticipated.

    Jarrod Kerr says on the back of this - they think it's likely the Official Cash Rate will rise in May next year.

    Meanwhile ANZ is forecasting it to start rising in February.

    © 2021 Newstalk ZB, NZCity

     Other Business News
     28 Jul: Rents are rising again -- particularly in regional New Zealand
     28 Jul: Residential properties listings are still low in Christchurch - with 879 properties for sale in the city
     28 Jul: It's still unclear if businesses suffering from construction in Auckland's city centre will get any help from the Government
     28 Jul: A warning from the International Monetary Fund
     28 Jul: Raw unpasteurised drinking milk from a registered provider in Central Hawke's Bay is being recalled -- following detection of Campylobacter
     27 Jul: The temptation to go electric could increase as fuel prices enter pre-Covid-19 territory
     27 Jul: Motorists are being urged to shop around -- to avoid the pain of climbing fuel prices
     Top Stories

    RUGBY RUGBY
    The All Blacks Sevens team is one win away from securing i's first Olympic medal More...


    BUSINESS BUSINESS
    Rents are rising again -- particularly in regional New Zealand More...



     Today's News

    Soccer:
    The OlyWhites are anticipating a tough battle against Romania at the Tokyo Olympics 21:56

    Entertainment:
    Roger Daltrey has warned against the dangers of listening to “loud” music 21:46

    Entertainment:
    Michelle Heaton's body began "shutting down" due to alcohol abuse 21:16

    Motoring:
    Mixed results for our men's cyclists in the road time trial at the Tokyo Olympics 21:16

    Law and Order:
    Malaysian police say helicopter delivery of 'nasi ganja' breached lockdown rules 21:06

    Entertainment:
    Tiffany Haddish only goes to high-profile events "for a reason" 20:46

    Entertainment:
    David Thewlis got married five years ago 20:16

    Entertainment:
    Justin Timberlake has blamed his children for his "unavailability" 19:46

    Entertainment:
    Tom Cruise has taken up darts 19:16

    Sailing:
    It's been a better day on the water for New Zealand's sailors in Enoshima 18:56


     News Search






    Power Search


    © 2021 New Zealand City Ltd