New Zealand GDP Rises 0.2% In Q2
(RTTNews) - New Zealand's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
That beat expectations for an increase of 0.1 percent following the upwardly revised 0.9 percent gain in the previous quarter (originally 0.8 percent).
Expenditure on GDP rose 0.4 percent on quarter, while GDP per capita rose 0.1 percent and real gross national disposable income fell 0.4 percent.
Expenditure on GDP rose 0.5 percent and income GDP rose 0.6 percent.
GDP rose 1.7 percent over the year ended June 2026, compared with the year ended June 2025.
read more
New Zealand Has Seasonally Adjusted Current Account Deficit Of NZ$3.8 Billion
New Zealand's seasonally adjusted current account balance was a NZ$3.8 billion deficit in the June 2026 quarter, Statistics New Zealand said on Wednesday - NZ$666 million narrower than the March 2026 quarter deficit.
RTTNews
|
1 day ago
New Zealand Manufacturing Index Eases To 5.1 - BusinessNZ
The manufacturing sector in New Zealand continued to expand, albeit at a slower rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 53.1.
RTTNews
|
6 days ago
New Zealand Q2 Terms Of Trade Tumbles 9.0%
New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter in the second quarter of 2026, Statistics New Zealand said on Thursday.
RTTNews
|
14 days ago
New Zealand Hikes Interest Rate For Second Straight Time
The Reserve Bank of New Zealand delivered back-to-back rate hikes to contain inflation and also signaled further tightening. The Monetary Policy Committee, governed by Anna Breman, decided to raise the Official Cash Rate by 25 basis points to 2.75 percent.
RTTNews
|
14 days ago
New Zealand Building Permits Sink 4.3% In July
The total number of building permits issued in New Zealand was down a seasonally adjusted 4.3 percent on month in July, Statistics New Zealand said on Wednesday - coming in at 3,579.
RTTNews
|
15 days ago
New Zealand Retail Sales Sink 0.5% In Q2
The volume of retail sales in New Zealand was down a seasonally adjusted 0.5 percent on quarter in the second quarter of 2026, Statistics New Zealand reported on Monday - coming in at NZ$26 billion.
RTTNews
|
24 days ago
New Zealand July Trade Shortfall NZ$1.9 Billion
New Zealand posted a seasonally adjusted merchandise trade deficit of NZ$1.9 billion in July, Statistics New Zealand said on Friday/
RTTNews
|
27 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the European session on Thursday.
RTTNews
|
27 days ago
