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🇳🇿New Zealand Q1 GDP Growth Rate Rises By 1.6% Q/Q

Updated: Jun 16, 2021

*NEW ZEALAND Q1 GDP GROWTH RATE Y/Y 2.4%, EST. 0.9%


Stats NZ:

  • The services industries, which represent about two thirds of New Zealand's economy, made the largest contribution to the result.

  • Higher activity was also seen in the business services, health care and social assistance, and information media and telecommunications industries in the March 2021 quarter.

  • Construction rebounded 6.6 percent after a fall of 8.4 percent in the December 2020 quarter. Construction services, heavy and civil engineering construction, and residential building construction all contributed strongly.



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