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Breaking Posted 2 hours ago

New Zealand Q1 GDP forecast at 0.9% quarterly growth

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New Zealand's Q1 2026 GDP is expected to show 0.9% quarterly growth, up from 0.2% in Q4 2025, though annual growth is seen slipping to 1.1% from 1.3%. The RBNZ projected 1.0% growth in its May MPS, with bank forecasts ranging from 0.7% to 1.0%. NZD/USD and NZD/JPY are the primary pairs to watch. A beat on expectations could support the Kiwi and reduce RBNZ rate-cut pressure, while a miss may weigh on NZD ahead of upcoming policy decisions.
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