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What does the GDP figure reveal about the economy?

Author
Newstalk ZB,
Publish Date
Thu, 18 Jun 2026, 1:21pm
(Photo / File)
(Photo / File)

Our economy was well on the way to recovery, driven by a resurgence in manufacturing, before the fuel crisis hit. 

Stats NZ data out today shows GDP rose 0.8% in both the quarter and year to March. 

Equipment manufacturing, food production, accounting and businesses services, wholesale trade, and agriculture were all doing well. 

But mining had a big drop, as well as residential and non-residential construction. 

NZ Herald Business Editor Liam Dann joined Kerre Woodham to unpack the figure. 

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