New Zealand's economy grew 0.2% in the June quarter, according to new GDP figures from Stats NZ.
In the 12 months to June, GDP rose 1.7%. GDP per capita rose 0.1% while real gross national disposable income fell 0.4%.
Expenditure on GDP rose 0.4% in the three months to June, off the back of a 1.1% rise in the previous quarter. In the 12 months to June, expenditure on GDP rose 2.2% compared to the same period in 2025.
Stats NZ also revised the previous March quarter figure from 0.8% growth to 0.9%.
“The 0.2% growth in economic activity in the June 2026 quarter reflects mixed results, with increases in nine out of 16 industries,” general manager and macroeconomic spokesperson Jason Attewell said.
Construction was up 2.7% in the quarter, the largest upward contributor driven by construction services and residential building construction.
“An increase in residential building activity contributed to the overall growth in the construction industry in the June 2026 quarter,” Attewell said.
Other drivers included public administration and safety, which were up 2%, driven by central government administration and justice.
Healthcare and social assistance rose 0.8%, driven mainly by central government healthcare and social assistance, and private sector residential care services and social assistance.
Wholesale trade was up 1.3%, driven by the wholesaling of machinery, equipment, and other goods.
Transport, postal, and warehousing was the biggest downward driver, falling 1.7%. This was driven by a decline in road transport and support services.
Retail trade and accommodation were also down 1%, driven by accommodation and food and beverage services.
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