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Liam Dann: NZ Herald Business Editor on the GDP rising 0.8% in the March quarter
Published 6 days, 8 hours ago
Description
Our economy was well on the way to recovery, driven by a resurgence in manufacturing, before the fuel crisis hit.
Stats NZ data out today shows GDP rose 0.8% in both the quarter and year to March.
Equipment manufacturing, food production, accounting and businesses services, wholesale trade, and agriculture were all doing well.
But mining had a big drop, as well as residential and non-residential construction.
NZ Herald Business Editor Liam Dann joined Kerre Woodham to unpack the figure.
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