Nick Tuffley: ASB Chief Economist ahead of the release of the September GDP figures

Early Edition with Ryan Bridge · Dec 13, 2023 · 5m

New Zealand's GDP is predicted to see a minor pre-Christmas bump.

Stats NZ will release the September quarter figures later this morning.

Gross Domestic Product rose 0.9% in the June quarter.

ASB Chief Economist, Nick Tuffley, told Tim Dower that he's forecasting a 0.2% increase, as recent indicators point to flat growth.

He says while the economy's expanding, it still feels like a recession for a lot of people.

Tuffley says generally GDP has been edging backwards for the last year, so it's challenging.

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