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'Bigger than forecast': Finance Minister voices surprise with latest GDP numbers

Author
Newstalk ZB,
Publish Date
Thu, 18 Sept 2025, 6:25pm
Photo / File
Photo / File

'Bigger than forecast': Finance Minister voices surprise with latest GDP numbers

Author
Newstalk ZB,
Publish Date
Thu, 18 Sept 2025, 6:25pm

Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter.

But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 percent.

She says there was consensus that GDP would drop, but most forecasts had it at 0.3 percent.

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