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Nick Tuffley: ASB Chief Economist says it is hard to predict GDP growth but best guess is a 1.2 percent rise

Nick Tuffley: ASB Chief Economist says it is hard to predict GDP growth but best guess is a 1.2 percent rise

Early Edition with Ryan Bridge · Newstalk ZB

September 14, 20222m 46s

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Show Notes

Slight GDP growth is expected in the second quarter.

It follows a 0.2 percent fall for the first three months of the year.

ASB Chief Economist Nick Tuffley says while it's hard to predict at the moment, his best guess is a 1.2 percent rise.

He told Kate Hawkesby while it's not a sure thing, there are some promising signs.

Tuffley says air travel and construction looked like they performed well.

The GDP figures will be revealed at 10:45 this morning.

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Topics

BusinessGDP