New Zealand’s Economy Accelerated Before War Sapped Momentum

New Zealand's economy showed a robust 0.8% growth in the first quarter, driven by increased consumer spending and low interest rates before being hampered by the impact of the Iran war. This growth indicates a strong start to the year, but the geopolitical tensions have started to dampen economic momentum. The situation underscores the vulnerability of economies to global conflicts and the importance of maintaining stable international relations to sustain economic growth.