Nick Tuffley: ASB Chief Economist ahead of the release of GDP numbers
Early Edition with Ryan Bridge · Newstalk ZB
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Show Notes
New Zealand is believed to be crawling to economic recovery.
Figures —due out from Stats NZ this morning— are expected to show the economy grew between 0.3 and 0.5% in the three months to December.
That would lift New Zealand out of technical recession, but further growth will be slow.
ASB chief economist Nick Tuffley told Francesca Rudkin an uplift in agriculture in quarter four will have helped.
He says the sector —particularly dairy— had a strong lift into Christmas.
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