GDP serves as a measure of how well an economy is functioning at a given point in time. Gross domestic product serves as the country's standard benchmark for measuring economic output. Figures are expressed in seasonally adjusted chain-volume measures, accounting for price-level changes, except where noted. Across the April to June 2026 quarter, national output expanded by 0.2 per cent, total expenditure-based output climbed 0.4 per cent, and output per person edged up 0.1 per cent, while real gross national disposable income contracted by 0.4 per cent relative to the preceding quarter. On a seasonally adjusted nominal basis, both expenditure-based and income-based GDP measures posted quarterly growth of 0.5 percent and 0.6 percent respectively in the three months to June 2026. GDP figures showed the economy expanding by 0.2 percent during the three months to June 2026. A 0.9 per cent increase was recorded in the quarter ending March 2026. The economy expanded by 1.7 per cent across the twelve months to June 2026, up from the equivalent period a year earlier. GDP expenditure grew by 0.4 per cent in the June 2026 quarter, down from a 1.1 per cent increase recorded in the three months to March 2026. GDP-measured spending climbed 2.2 per cent when comparing the twelve months to June 2026 against the equivalent period ending June 2025. Output the goods-producing sector expanded by 1.3 percent, adding 0.23 percentage points to overall GDP growth. The services sector expanded by 0.2 per cent, adding 0.14 percentage points to the overall figure. The agriculture sector shrank by 0.3 per cent, reducing overall output by 0.01 percentage points. The breakdown by economic contribution placed the services sector at 74.4 percent, goods-producing industries at 20.4 percent, and primary industries at 5.2 percent. The sector expanded by 2.7 per cent, with residential building work and construction services both contributing to the gain. The public administration and safety sector recorded a 2.0 per cent rise, with central government administration and justice activity as the primary contributors. The healthcare and social assistance sector posted a 0.8 per cent gain, with growth attributed to government-funded health programmes and privately operated residential care and support services. Growth in wholesale trade reached 1.3 percent, with machinery and equipment distribution along with other goods sectors providing the primary momentum. The transport, postal, and warehousing sector contracted by 1.7 per cent, with road freight and support services for transportation accounting for the decline. The retail trade and accommodation sector contracted by 1.0 per cent, with hospitality and food and beverage services the primary contributors to the decline. Consumer spending held steady in the three months to June 2026, following a 0.6 per cent increase in the preceding quarter, with the annual average rate of growth sitting at 1.3 per cent. Spending by the central government on goods and services declined by 2.0 percent over the quarter. Spending by local authorities on day-to-day services edged up by 0.4 per cent. Public sector spending declined by 1.7 percent over the quarter. Business investment expanded by 1.5 per cent over the three months to June 2026, with annual average growth reaching 2.3 per cent. Trade in goods and services climbed 3.3 percent over the quarter, with annual average growth reaching 6.1 percent. The value of imported goods and services declined by 0.8 percent during the three months ending June 2026. Employee compensation rose by $508 million in unadjusted dollar terms. Levies on output and incoming goods climbed by $175 million. Both gross operating surplus and gross mixed income recorded a combined decline of $6 million. Grant funding dropped by 28 million dollars. Publication of the following report, which will cover the September 2026 quarter, is set for 17 December 2026.
