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Brad Olsen: Infometrics Principal Economist on GDP dropping 0.9 percent in the June quarter

Brad Olsen: Infometrics Principal Economist on GDP dropping 0.9 percent in the June quarter

Published 9 months ago
Description

New Zealand's economy has been shrinking much faster than experts anticipated, according to new reports.

Latest data from Stats NZ shows GDP dropped 0.9 percent in the June quarter after two quarters of growth.

Infometrics Principal Economist Brad Olsen says the uncertainty around Trump's tariffs created a ripple effect that's showing through a number of industries.

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