The country is officially out of recession, by the numbers at least.
The latest growth figures out today show a stronger-than-expected bounce-back, pulling the country out of recession and maybe eliminating it altogether.
The Labour Party is heralding the update as proof the economy has turned the corner and an endorsement of its economic management.
But National says that is an insult to every New Zealander struggling with the cost of living.
Our deputy political editor Craig McCulloch reports.
