the podcast on
Kiwibank's chief economist says GDP figures released today show good momentum - but the next report isn't looking as good.
Stats NZ says our gross domestic product grew a strong 0.8 percent in this year's first quarter.
It's much higher than predicted by the Reserve Bank and Treasury.
Jarrod Kerr says there is less optimism around the quarter ending June.
"The data that we talked about was for the first quarter - obviously, it pre-dates Trump's tariff announcements, which has thrown a whole lot of uncertainty into the year. And it also predates the recent spike in oil prices."
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeartRadio app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeartRadio is easy to use and all FREE
