Grow baby grow

The Herald reports:

GDP grew at 0.8% in the first quarter of 2025 – stronger than even the most optimistic of economists’ forecasts. 

Activity increased in the March 2025 quarter across all three high-level industry groups: primary industries, goods-producing industries, and services industries.

The Reserve Bank had forecast 0.4% for the quarter, but more recently, the consensus of economists moved to 0.7%.

That’s a pretty good result. It is only one quarter and with great international uncertainty, no one should think we’re guaranteed to keep growth at these levels. But regardless it is good news.