Podcasts Other The Mike Hosking Breakfast Darren Gibbs: Westpac Senior Economist ahead of the release of the September quarter GDP figure

Darren Gibbs: Westpac Senior Economist ahead of the release of the September quarter GDP figure

Published: Dec. 13, 2023, 7:01 p.m.

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There\'s less optimism for today\'s GDP figure than there was for the last.\\xa0

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Stats NZ will release the September quarter figure later this morning. \\xa0

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In June, Gross Domestic Product rose 0.9%.\\xa0

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Westpac Senior Economist, Darren Gibbs, told Mike Hosking that they\'re predicting a 0.1% decrease to our economy.\\xa0

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He says the manufacturing sector\'s seen weak growth, which is a strong economic indicator.\\xa0

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Gibbs believes the sector will be a drag on our GDP figure, as manufacturing\'s PMI figure has been at dreadful levels recently.\\xa0

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