New Zealand's economy grows 0.2% in Q2

September 16, 2026 6:59 PM EDT

A view of Lambton Harbour and the city skyline, as seen from Mt Victoria, in Wellington, New Zealand, September 24, 2025. REUTERS/Marty Melville

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 the second quarter on the ​prior quarter, ‌better than analysts' forecast of ⁠a rise of 0.1% and the ⁠Reserve Bank of New Zealand's ​forecast of no growth.

Annual GDP increased 2.6%, Statistics ‌New Zealand data showed. The ‌market had ⁠expected 2.2% ‌increase.

(Reporting by ​Lucy Craymer; Editing by Sonali ‌Paul)



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