Podcasts Other The Mike Hosking Breakfast Brad Olsen: Infometrics Principal Economist on the GDP figures and their impact

Brad Olsen: Infometrics Principal Economist on the GDP figures and their impact

Published: Sept. 21, 2023, 7:49 p.m.

While New Zealand's GDP has grown, the economic pain isn't over. \xa0

Stats NZ figures show GDP increased 0.9% in the three months to June, and 3.2% in the year to June.

It's also revised its March 2023 quarter figure to 0%, up from a 0.1 percent drop. \xa0

Infometrics Principal Economist Brad Olsen told Mike Hosking that he expects the third quarter we're currently in to be weaker.\xa0

He says he wouldn't have declared victory like the Finance Minister did, as the tough times are still to come.\xa0

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