the podcast on
New Zealand's gross domestic product isn't expected to have grown in the last quarter. 听
ASB is predicting a 0.2 percentage point drop, ANZ expects 0.1 percentage point growth, and the Reserve Bank's forecast a flat zero percent. 听
If the economic growth figures are negative, New Zealand will enter a technical recession given the last quarter's figure was also negative.听
Infometrics principal economist Brad Olsen told Mike Hosking they're predicting minus 0.2. 听
He says given there's been the strongest population growth since 1946 at 2.8%, GDP at either side of zero is pretty sad.听
LISTEN ABOVE听
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