New data: GDP showed good growth before Iran war
New Zealand’s gross domestic product (GDP) rose 0.8% in the March 2026 quarter, after a 0.5% increase in the December 2025 quarter, according to figures releas…
NZ Herald ·
New Zealand’s gross domestic product (GDP) rose 0.8% in the March 2026 quarter, after a 0.5% increase in the December 2025 quarter, according to figures releas…
NZ Herald ·
0.8% growth yeah? Wonder what it'd be without the Iran war distraction. Classic govt spin.
it's all smoke and mirrors. The war is the only thing propping up the numbers.
Manufacturing doing well finally, but construction is cooked. My mate's been laid off from a building site in Auckland. Not feeling the 'growth'.
mate's story is the real GDP. Not this fake news.
Lmao GDP goes up while cost of living eats everyone's lunch. What a joke.
feels like a sugar hit before the crash.
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I'm studying economics and this just feels like noise before the election. War spending masks real issues.
Good on the manufacturers! My uncle works in a factory and they've been flat out. At least something's working.
uncle's one of the lucky ones then. Most manufacturers are feeling the pinch from supply chains.
but doesn't help when construction's in the toilet. Needs to be balanced.
construction slump? tell me something i don't know. my driveway's been a mud pit for 6 months thanks to delays.
Stats NZ must've found some creative accounting. Feels like everyone I know is struggling.
That's the problem. Everyone's anecdotal evidence says different than the stats.
Be interesting to see next quarter's numbers with all the sanctions. This is just a blip.
People here blaming the war but honestly we've been mismanaging the economy for years. Iran's just a convenient scapegoat.
Hope this means more jobs coming. My nephew's been looking for work for ages.