Kelly Eckhold: Westpac Senior Economist on the potential impact of the conflict in the Middle East on NZ's economic recovery

New Zealand's economic recovery could be put at risk by disruption in the Strait of Hormuz.   Westpac modelling shows if it was to stay closed for a month, it would put inflation over 4% and knock half a percent off GDP.  Senior Economist Kelly Eckhold told Mike Hosking we're much more vulnerable than Australia when it comes to energy.   He says we only have a few weeks of key petroleum products sitting in the tanks, and after that we’re relying on boats turning up to meet our needs.  LISTEN ABOVE  See omnystudio.com/listener for privacy information.