Manufacturing data point to better-than-expected economic growth

Manufacturing data point to better-than-expected economic growth
Rebecca Howard
Stronger-than-expected manufacturing volumes – excluding meat and dairy sales – mean the economy may have grown more in the third quarter than the 0.3 percent forecast by the central bank. The manufacturing survey is the final tranche of second-tier data economists use to firm up their forecasts for third quarter gross domestic product. ASB Bank senior economist Jane Turner said the manufacturing volumes – excluding meat and dairy sales – were “surprisingly strong.” As a result, she has lifted her preliminary third-quarter GDP forecast to...

More Economy

Business confidence nixes July RBNZ cut
Economy

Business confidence nixes July RBNZ cut

Economists say July is a pause, not the end point.

Rebecca Howard 02 Jul 2025
Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025