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New Zealand’s Economy Grew 0.8% Before Iran War Sapped Momentum

New Zealand’s Economy Grew 0.8% Before Iran War Sapped Momentum
Bloomberg Markets Wednesday 17 June 2026, 22:47 UTC By Tracy Withers 1 min read
Key Points

New Zealand’s Economy Grew 0.8% Before Iran War Sapped Momentum New Zealand’s economy sparked into life in the first three months of the year, responding to low interest rates and a lift in spending that largely pre-dated the Iran war. Gross domestic product advanced 0.8% from the fourth quarter when it grew a revised 0.5%, Statistics New Zealand said Thursday in Wellington. Economists expected a 0.8% expansion.

New Zealand’s Economy Grew 0.8% Before Iran War Sapped Momentum New Zealand’s economy sparked into life in the first three months of the year, responding to low interest rates and a lift in spending that largely pre-dated the Iran war. Gross domestic product advanced 0.8% from the fourth quarter when it grew a revised 0.5%, Statistics New Zealand said Thursday in Wellington. Economists expected a 0.8% expansion.
New Zealand’s (LOCATION) Iran War Sapped Momentum New Zealand’s (EVENT) Iran War Sapped Momentum (EVENT) the Iran war (EVENT) Statistics New Zealand (ORG) Wellington (LOCATION)
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