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"Tough" next quarter likely despite GDP increase

Author
Newstalk ZB,
Publish Date
Thu, 21 Sep 2023, 9:07am
Photo / Getty Images
Photo / Getty Images

"Tough" next quarter likely despite GDP increase

Author
Newstalk ZB,
Publish Date
Thu, 21 Sep 2023, 9:07am

Economists are expecting the latest GDP figures to have risen in the second quarter.  

The numbers will be released this morning.  

After two drops, the country entered a technical recession in the first quarter of the year. 

ASB Chief Economist Nick Tuffley told Kate Hawkesby that things are likely to get a bit more challenging again later on this year. 

He said that there’s a risk of a double dip back into some negatives. 

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