Michael Gordon: Westpac Senior Economist says not to expect major growth in today's GDP figure
The Mike Hosking Breakfast - En podkast av Newstalk ZB - Onsdager
An economist is warning not to expect big growth in GDP figures out today. Data —due out from Stats NZ just before 11 this morning— is expected to show the economy has been pulled out of recession, but is still crawling to recovery. Economists are predicting growth of between 0.3 and 0.5%. Westpac senior economist Michael Gordon told Ryan Bridge he's predicting flat growth in the fourth quarter. He says there have been signs things are turning, but it's likely to have happened in the beginning of this year. LISTEN ABOVE See omnystudio.com/listener for privacy information.
