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Experts issue warning as NZ economic outlook downgraded

Author
Newstalk ZB,
Publish Date
Thu, 27 Jun 2024, 8:35pm
(Photo / Getty)
(Photo / Getty)

Experts issue warning as NZ economic outlook downgraded

Author
Newstalk ZB,
Publish Date
Thu, 27 Jun 2024, 8:35pm

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.

BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.

NZ Herald business editor at large Liam Dann unpacked this research further.

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