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

The Mike Hosking Breakfast - A podcast by Newstalk ZB

While New Zealand's GDP has grown, the economic pain isn't over.   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.   Infometrics Principal Economist Brad Olsen told Mike Hosking that he expects the third quarter we're currently in to be weaker.  He says he wouldn't have declared victory like the Finance Minister did, as the tough times are still to come.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

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