New Zealand Economy Grows by 0.2% in June Quarter

New Zealand economy grows by 0.2% in June quarter

The economy has escaped significant damage from the Middle East war and spike in fuel prices with a modest rise in growth driven by stronger house building.

Strong construction boosts economic growth in second quarter

Higher fuel prices slowed the economy in the second quarter but didn’t stop it from growing. New Zealand’s gross domestic product (GDP) rose 0.2% in the June...

GDP Shows Economy Grew Through Fuel Shock

"The Reserve Bank had pencilled in flat growth for the June quarter, and many economists had been picking the economy to shrink. Instead, it grew," says Finance Minister Nicola Willis.

New Zealand’s economy grows 0.2% in Q2

By Lucy Craymer WELLINGTON, Sept 17 (Reuters) - New Zealand's ​economy grew ‌more slowly in the second quarter as the crisis in ‌the ​Middle East ⁠weighed on ⁠the economy. Official data out on Thursday showed gross domestic ​product (GDP) rose 0.2% in ...

Still growing: Strong construction boosts economy in second quarter

Higher fuel prices slowed the economy in the second quarter but didn’t stop it from growing.

New Zealand Dollar remains weak below 0.5750 despite better-than-expected GDP data