Brad Olsen: Infometrics Principal Economist on what to expect from the fourth quarter GDP numbers

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Recorded15 Mar 2023

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The fourth quarter GDP figures are set to be released by Stats NZ tomorrow. After the third quarter's 2 percent growth, the Reserve Bank is forecasting the next quarterly GDP growth to be at 0.7 percent. Infometrics Principal Economist Brad Olsen is among the many economists predicting a drop in growth instead. Brad Olsen says growth will have stayed flat or dropped as low as -0.2 percent, as retail and construction activity have declined from September figures. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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