Michael Gordon: Westpac Senior Economist ahead of the release of the GDP figures for last quarter
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
Banks are split over what today's GDP figures will show.
Stats NZ will release the data for the first quarter of the year this morning.
Westpac, BNZ, and Westpac are picking a small contraction, while ANZ and ASB are picking a small expansion.
Westpac Senior Economist Michael Gordon told Mike Hosking that everyone's in a similar range, slightly above or slightly below zero.
He says it's when we've had strong population growth which should provide a baseline of growth, but it seems we're going backwards in per person terms.
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