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Hot Topic Budget 25
Hot Topic Budget 25
Economics
2 mins to read

Economy surprises in the June quarter

Quarterly growth of 0.9% was above expectations, while no technical recession was recorded.

WATCH: Finance minister Grant Robertson discusses quarterly growth.

New Zealand’s economy has beaten expectations – notching 0.9% growth in the June quarter, according to Stats NZ.

That was ahead of most forecasters, including the Reserve Bank, after predicting growth of 0.5% when it released its August Monetary Policy Statement.

The OECD average growth rate was

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Jonathan Mitchell Thu, 21 Sep 2023
Contact the Writer: jmitchell@nbr.co.nz
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Economy surprises in the June quarter
Economics,
100941
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