Economy keeps growing

Economic activity grew 0.8 per cent in the December quarter, boosted by manufacturing
activity, up a healthy 4.5 per cent. This is the first growth in the sector for almost two years.

Retail, accommodation, and restaurants grew by 1.7 per cent.

The 0.8 per cent rise followed an increase of 0.3 per cent in the September 2009 quarter, and
is the third consecutive quarter of growth in the economy.

The Budget in May will set out National’s next steps to lift economic growth by tilting the
playing field towards productive investment, exports and new jobs.

We want to lift business confidence, increase incomes, and help New Zealand families get
ahead.

For more information visit: http://www.beehive.govt.nz/release/recovery+strengthens+challenges+remain