Our economic snapshot summarises important economic statistics for the June 2025 quarter.

It uses statistics drawn from key Stats NZ datasets to provide insights into New Zealand’s overall economic performance.

Data sources has more information about the statistics used in this snapshot.

The economy contracted in the June 2025 quarter, while unemployment continued to rise

• New Zealand’s gross domestic product (GDP) fell 0.9 percent in the June 2025 quarter, following a 0.9 percent increase in the March 2025 quarter.
• Manufacturing, down 3.5 percent, was the main contributor to the quarterly fall in GDP. Construction, down 1.8 percent, also contributed.
• GDP fell 1.1 percent over the year ended June 2025 compared with the year ended June 2024. GDP per capita fell 2.1 percent over the same period.
• New Zealand’s unemployment rate was 5.2 percent in the June 2025 quarter, up from 5.1 percent in the March 2025 quarter and 4.7 percent in the June 2024 quarter.

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• Economic snapshot: June 2025 quarter - https://comms.communications.stats.govt.nz/ch/122749/1vwvn/297/TLQbJ4cXoGBPlJyRHBvblTpONECMQOtFjJeBbRqC.html

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