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Michael Reddell: Former Reserve Bank economist says GDP figure could be revised

Published: Dec. 15, 2022, 6:45 p.m.

Fears a positive economic result could yield a negative one down the track.

Our GDP grew two percent in the three months to September, blowing most economist predictions out of the water.

But former Reserve Bank economist Michael Reddell says he's suspicious of the result and wonders if it will be revised to a lower rate.

He told Tim Dower it could be a problem next year.

Reddell says it will increase the chances of a recession next year, \xa0because the Reserve Bank will have to act more strongly to tackle inflation.

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