New Zealand economy exits deep recession with 0.7% expansion
The data is much better than expected but construction activity remains weak.
The Government is focused on rebuilding the economy.
Jonathan Mitchell
Thu, 20 Mar 2025
New Zealand has exited the deep recession with better-than-expected growth at the end of last year.
Statistics NZ data reveals the economy expanded by 0.7% in the December quarter, following a 1.1% contraction in both the September and June quarters.
Economists had broadly expected growth of between
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
NZ$399.00 / yearly
Smartphone Only Annual Subscription
NZ$299.00 / yearly
Monthly Premium Online Subscription
NZ$49.95 / monthly
Smartphone Only Subscription
NZ$29.95 / monthly
Premium Group Membership 10 Users
NZ$385+GST / monthly
$38.5 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$660+GST / monthly
$33 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1375+GST / monthly
$27.5 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$2100+GST / monthly
$21 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jonathan Mitchell
Thu, 20 Mar 2025
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Related News
Related News
New Zealand economy exits deep recession with 0.7% expansion
Economics,
108340