New Zealand's gross domestic product expanded a seasonally adjusted 1.0 percent on quarter in the first three months of 2018, Statistics New Zealand said on Thursday.That beat forecasts for a gain of 0.8 percent and was up from 0.5 percent in the three months prior.There was broad-based growth, with 15 of 16 industries up.Agriculture, forestry, and fishing was up 4.1 percent, while mining was down...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.