The New Zealand economy, as measured by gross domestic product (GDP), grew by 0.3 percent in the December 2011 quarter, Statistics New Zealand said today. This latest result follows economic growth of 0.7 percent in the September 2011 quarter. The largest contributors to the increase this quarter, by industry were: finance, insurance, and business services (up 1.3 percent) mainly due to business services such as advertising and management services agriculture (up 3.5 percent), mainly due to an increase in milk production retail, accommodation, and restaurants (up 2.2 percent), following a 2.6 percent rise in the ... (full story)