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Cameron Bagrie: Economist expects the economy to improve with GDP expected to rise in Q2
Published 2 weeks, 5 days ago
Description
The economy is expected to keep improving as the year goes on.
Stats NZ is releasing GDP data for April-to-June later this morning.
Economists are expecting economic growth will come in between 0.1% and 0.3% for the quarter and between 2.2% and 2.4% for the year.
Independent Economist Cameron Bagrie told Ryan Bridge we could soon get back to the growth we were seeing last year.
We says we took a detour in the June quarter because fuel prices got so expensive, but quarter three is suggesting a number up around 0.8% to 0.9%.
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