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Kelly Eckhold: Westpac Chief Economist ahead of today's GDP figures
Today's GDP figures are expected to show the economy weakened in the second quarter of this year. \xa0
Analysts are forecasting a contraction between 0.1 and 0.5%. \xa0
The first quarter of 2024 showed just 0.2% growth. \xa0
Westpac Chief Economist Kelly Eckhold told Mike Hosking June was the weakest month they've seen in a while. \xa0
He says they expect it to have gone backwards again in Q3, but it will be a finely balanced thing \u2013\xa0they're forecasting minus 0.2.\xa0
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