Liam Dann: NZ Herald business editor at large on today's Stats NZ data confirming New Zealand is in recession

from Best of Business · host Newstalk ZB

One economic expert believes there are 'bright pockets' to be found in today's newly-released GDP figures. Data from Stats NZ shows the economy contracted 0.1 percentage points in the final quarter of 2023- putting New Zealand in a technical recession. NZ Herald business editor Liam Dann says this means the economy is turning faster than expected, which will hopefully mean rates could come down. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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