Nick Tuffley: ASB Chief Economist says GDP has had a strong rebound in the second half of the year
Heather du Plessis-Allan Drive · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
There are signs that green shoots are starting to flourish economically.
The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year.
Spending was up across the board - on the likes of groceries, household items and clothes.
ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound.
He says they're expecting 0.8 percent for the upcoming quarter.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.