NZ GDP Surprises with 0.2% QoQ Growth in Q2 2026

New Zealand's economy expanded by 0.2% in the second quarter of 2026, exceeding market expectations. The GDP growth rate was higher than the predicted 0.1%, according to Statistics New Zealand.

This marks a slowdown from the previous quarter's 0.8% expansion. Year-over-year, the economy grew by 2.6%, surpassing the estimated 2.3%. This positive GDP reading has triggered some buying in the New Zealand Dollar (NZD/USD), with the currency down 0.53% at 0.5725.