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Weak economic growth expected to carry on, warns economist

Author
Newstalk ZB,
Publish Date
Thu, 14 Dec 2023, 6:12pm
(Photo / File)
(Photo / File)

Weak economic growth expected to carry on, warns economist

Author
Newstalk ZB,
Publish Date
Thu, 14 Dec 2023, 6:12pm

Weak economic growth is expected to continue a while.

GDP fell 0.3 percent in the three months to September - a much worse result than forecast by most economists.

BNZ Economist Stephen Toplis says it will take time to get a sunnier situation.

"Market conditions ease, and that gives the economy a bit of a boost. But I think, realistically speaking, we're talking until the middle of next year."

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