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Finance Minister describes the latest GDP figure as solid

Author
Newstalk ZB,
Publish Date
Fri, 18 Mar 2022, 8:28am
(Photo / File)
(Photo / File)

Finance Minister describes the latest GDP figure as solid

Author
Newstalk ZB,
Publish Date
Fri, 18 Mar 2022, 8:28am

The Finance Minister is describing the latest GDP figure as solid. 

New Zealand's Gross Domestic Product rose three percent in the December 2021 quarter, following a 3.6 percent drop in the September quarter. 

The increase was below bank economists' predictions. 

Grant Robertson told Mike Hosking it's still a good result. 

He says the past few times we've rebounded from difficult periods with restrictions, we've seen the economy overshoot forecasters predictions, so now they're probably starting to adjust. 

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