Today, the expectations estimated that the New Zealand economy will expand to the fastest pace this year as falling unemployment and a record-low benchmark interest rate may help restore confidence and lift spending and investment later this year.

NZ gross domestic product will grow 2.1% in the year ending March 2012 after the nations still gives a positive signs for the economic rebounding. However, consumer confidence in New Zealand rose this quarter along with the expanded manufacturing sector to the fastest level in about a year.