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Mike Jones: BNZ Chief Economist on GDP figures released today

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Sinopsis

An economist is predicting a gloomier number than the Reserve Bank from the latest GDP figure.  Stats NZ data on GDP for the year's second quarter will be released today.  The Reserve Bank's predicting a 0.3 percent drop.  BNZ Chief Economist Mike Jones is a picking a 0.5 percent fall.  He told Ryan Bridge economic growth is probably going to be slow for a while.  Jones says it will probably be until next year that we see what can be classed as recovery.  LISTEN ABOVE See omnystudio.com/listener for privacy information.