The New Zealand economy experienced unexpectedly strong growth in the first half of 2021 with GDP growing by 1.6% in Q1, unemployment decreasing to 4.0% by Q2 and retail demand remaining high throughout the six months. While the arrival of the Delta variant on our shores is a considerable short term blow, most economists suggest that while the economy will take a sizeable quarterly hit, the rebound, just like last year, will be even stronger soon after we move down restriction levels.