News | Business
2 Jul 2025 14:01
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

    Weak economies in other developed countries are impacting GDP growth in New Zealand

    Weak economies in other developed countries are impacting GDP growth in New Zealand


    The economy grew 0.2 percent in the March quarter, officially taking the country out of a technical recession.

    However per capita, GDP has decreased by 0.3 percent.

    ASB Senior Economist Kim Mundy says what happens offshore has an influence, with China and other major economies tightening monetary policy.

    She says they expect it to take a while before there's a more pronounced growth in GDP in New Zealand.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     02 Jul: The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code
     02 Jul: Air New Zealand is adding 127-thousand seats to Christchurch for the Special Olympics
     01 Jul: New World is launching a reusable container trial in September
     01 Jul: The economy's inching closer to recovery - but hurdles persist
     01 Jul: Businesses still see hope on the horizon, but recovery still remains slower than expected
     01 Jul: China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour
     Top Stories

    RUGBY RUGBY
    The spectre of a second-string opponent is just something the All Blacks have to deal with More...


    BUSINESS BUSINESS
    Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores More...



     Today's News

    Accident and Emergency:
    A 34-year-old woman's died, after a two-vehicle crash last Thursday on State Highway Two in Tauranga 13:47

    Entertainment:
    Bob Geldof has praised his late ex-wife Paula Yates for being instrumental in Live Aid 13:36

    Business:
    Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores 13:27

    Rugby League:
    The odds are shortening on Des Hasler being the first NRL head coach to be punted this season 13:07

    Entertainment:
    Sir Brian May doesn't believe that his Queen bandmate Freddie Mercury has a secret daughter 13:06

    Entertainment:
    Scarlett Johansson has revealed that her twin brother Hunter was her most enthusiastic supporter at the premiere of Jurassic World Rebirth 12:36

    Law and Order:
    Police are preparing to investigate a Gore toddler's death - for a third time 12:27

    Entertainment:
    James Norton is "crazily grateful" for the "pain" of his split from Imogen Poots 12:06

    Rugby League:
    Former Kiwis captain turned pundit Richie Barnett has explained why the Warriors can still finish in the NRL's top four, despite halfback Luke Metcalf's season-ending knee injury 11:57

    Law and Order:
    Cordons are up around a home in Auckland's Ponsonby - where a person was found dead last night 11:47


     News Search






    Power Search


    © 2025 New Zealand City Ltd