The New Zealand economy grew by 1.0 per cent over the June quarter, making for a 2.8 per cent gain over the June year, Stats NZ said.
The outcome compares with a Reserve Bank forecast of a 0.5 per cent gain in Gross Domestic Product (GDP) over the June quarter, and market expectations of a 0.8 per cent quarterly increase.
The Kiwi dollar increased as a result.
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