Q1 GDP Preview

BNZ forecasts New Zealand's Q1 GDP to grow by 0.9% q/q, driven by strength in manufacturing, wholesale, and services. The firm Q1 result contrasts with projections that suggest economic growth will struggle in the second quarter.

Key Takeaways

• 1.BNZ forecasts New Zealand Q1 GDP to grow by 0.9% q/q.
• 2.Manufacturing, wholesale, and services sectors show gains, which are expected to offset weakness in construction and forestry.
• 3.Despite the anticipated Q1 lift, annual GDP growth is expected to ease to 1.1%.

Table of Contents

• Q1 GDP Preview
• Contact Details

Document Preview

Page 1 of 1

Subscribe for full accessStart Free Trial