1 of 1
Story summary
- New Zealand's GDP rose 1.1% in Q3 2025 from the prior quarter, beating the 0.9% forecast.
- This growth follows a 1.1% contraction in Q2, with year-on-year GDP up 1.3%.
- ASB Bank economists say spare capacity remains, indicating a slow recovery.
- The Reserve Bank of New Zealand has cut the cash rate by 275 basis points since August 2024 and is expected to stay at 2.25% through 2026.
