For the June year, Stats NZ said the decline in GDP was 1.1%.
Activity decreased in the June 2025 quarter across two out of three high-level industry groups: goods-producing industries fell 2.3 percent, and primary industries fell 0.7 percent.
Service industries were flat.
“The 0.9 percent fall in economic activity in the June 2025 quarter was broad-based with falls in 10 out of 16 industries,” economic growth spokesperson Jason Attewell said.
“GDP has now fallen in 3 of the last 5 quarters.”
More to come