New data: GDP showed good growth before Iran war
New Zealand's GDP grew by 0.8% in the March 2026 quarter, driven largely by manufacturing gains despite a slump in the construction sector. Economists noted that while the growth was slightly below forecasts, historical data revisions suggest a stronger overall economic performance.
Why it matters
Economic growth data is critical for understanding national fiscal health and informing future monetary policy decisions.
New Zealand’s gross domestic product (GDP) rose 0.8% in the March 2026 quarter, after a 0.5% increase in the December 2025 quarter, according to figures released by Stats NZ today.
The article relies on official government statistics and expert economic commentary.
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