Stephen Toplis: BNZ economist on the worse-than-anticipated GDP results
Heather du Plessis-Allan Drive · Newstalk ZB
December 14, 20233m 4s
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Show Notes
Weak economic growth is expected to continue a while.
GDP fell 0.3 percent in the three months to September - a much worse result than forecast by most economists.
BNZ Economist Stephen Toplis says it will take time to get a sunnier situation.
"Market conditions ease, and that gives the economy a bit of a boost. But I think, realistically speaking, we're talking until the middle of next year."
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Topics
businessmoneyeconomyGDPBNZ