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:
