FX.co ★ New Zealand Q1 GDP Growth Below Forecasts

New Zealand’s economy expanded by 0.8% quarter-on-quarter in Q1 2026, picking up from a revised 0.5% increase in Q4 2025 but coming in just below market expectations of 0.9%. Growth was led by service industries, which rose 0.5%, followed by a 0.4% increase in goods-producing industries. By contrast, primary industries declined by 0.5%.