New Zealand q1 GDP +0.8% q/q (expected +0.7%, prior +0.5%)

New Zealand q1 2025 GDP

+0.8% q/q, a beat

• expected +0.7%, prior +0.5%

-0.7% y/y, also a beat but obviously still a y/y contraction

• expected –0.8%, prior revised from –1.1% down to -1.3%

NZD/USD with a bit of a wiggle on the release but little net change so far:

This article was written by Eamonn Sheridan at www.forexlive.com.