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Economics
4 mins to read

Economy heads south towards recession drop zone

Kiwibank’s chief economist Jarrod Kerr expects the inflation battle to be won this year.

Kiwibank chief economist Jarrod Kerr speaks with Jonathan Mitchell.

The Reserve Bank could get ready to tap the brake on its tightening cycle, according to economists, with the economy cooling more than expected in the December quarter.  

Stats NZ data out today showed a 0.6% decline in GDP in the final three months of 2022, following a revised 1.7% expansion in the

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Economy heads south towards recession drop zone
Economics,
98235
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