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Economist predicts 0.5% fall in today's GDP

Author
Newstalk ZB ,
Publish Date
Thu, 18 Sept 2025, 6:21am
Photo / File
Photo / File

Economist predicts 0.5% fall in today's GDP

Author
Newstalk ZB ,
Publish Date
Thu, 18 Sept 2025, 6:21am

An economist is predicting a gloomier number than the Reserve Bank from the latest GDP figure. 

Stats NZ data on GDP for the year's second quarter will be released today. 

The Reserve Bank's predicting a 0.3 percent drop. 

BNZ Chief Economist Mike Jones is a picking a 0.5 percent fall. 

He told Ryan Bridge economic growth is probably going to be slow for a while. 

Jones says it will probably be until next year that we see what can be classed as recovery. 

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