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New Zealand's gross domestic product gained 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.

On a yearly basis, GDP expanded 2.8 percent - again exceeding expectations for 2.5 percent and up from 2.7 percent in Q1.