Liam Dann: NZ Herald Business Editor on the GDP falling 0.2% in the three months to June episode artwork

EPISODE · Sep 18, 2024 · 4 MIN

Liam Dann: NZ Herald Business Editor on the GDP falling 0.2% in the three months to June

from Kerre Woodham Mornings Podcast · host Newstalk ZB

New Zealand's economy has barely escaped another technical recession.  New Stats NZ figures show our Gross Domestic Product contracted 0.2% in the three months to June.  Its revised figures downgrade the March quarter to show the economy grew just 0.1%, not the 0.2% initially estimated.  Herald Business Editor at Large Liam Dann told John McDonald that minimal growth kept us out of another technical recession but doesn't change reality.  He says with a lot of migration gains and population growth, on a per capita basis we're still in a recession.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

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