Annual GDP growth 2.8%

StatsNZ reports:

Gross domestic product () grew 0.6 percent in the December 2018 quarter, after a 0.3 percent rise in the previous quarter, Stats NZ said today.
“Growth this quarter was led by a 0.9 percent rise in service industries, while the goods-producing industries grew 0.2 percent,” national accounts senior manager Gary Dunnet said. “Growth was mixed at the industry level, with 10 of the 16 industries recording increases.” …

GDP per capita was up 0.1 percent in the December 2018 quarter, following a 0.1 percent fall in the September 2018 quarter.
Annual GDP growth for the year ended December 2018 was 2.8 percent.

2.8% annual growth is reasonable decent. Hopefully that will continue.

Comments (83)

Login to comment or vote

Add a Comment

%d bloggers like this: