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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Economics
3 mins to read

No cheer: economic drivers in the dumps

Tough year ahead as manufacturing and construction activity pulls back amid higher interest rates for longer.

WATCH: Economist Benje Patterson speaks with Jonathan Mitchell.

New Zealand’s key economic drivers are lagging, with sluggish economic momentum expected this year. 

Statistics New Zealand data out yesterday showed gross domestic product rose 0.2% in the March quarter, following a 0.1% drop in the December quarter.

Half of the industries measured reported gains,

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Jonathan Mitchell Fri, 21 Jun 2024
Contact the Writer: jmitchell@nbr.co.nz
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No cheer: economic drivers in the dumps
Economics,
104582
true