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Liam Dann: NZ Herald business editor at large discusses today's 'surprising' GDP figures

Liam Dann: NZ Herald business editor at large discusses today's 'surprising' GDP figures

Heather du Plessis-Allan Drive · Newstalk ZB

December 14, 20234m 45s

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Show Notes

Today's Q3 GDP report caught several economists by surprise.

GDP fell 0.3 per cent in the September quarter, lower than the predicted 0.2 or 0.3 percent growth forecasts had predicted.

Across the whole year, GDP fell 0.6 percent overall, sparking more grim predictions.

NZ Herald business editor at large Liam Dann says Luxon's inherited a long-running recession to address.

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Topics

moneybusinesseconomyGDP