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Major banks predict modest expansion in upcoming GDP print

New Zealand’s economy is expected to have expanded modestly at the end of 2025, with major banks forecasting quarterly GDP growth of around 0.3–0.4% when Statistics New Zealand releases the latest round of data on Tuesday. ASB senior economist Kim Mundy expects production GDP to have grown 0.4% quarter‑on‑quarter in Q4, leaving the economy about 1.7% larger than a year earlier. [...]