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'Culmination of everything': Experts says many factors behind GDP drop

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九一星空无限talk ZB,
Publish Date
Thu, 18 Sept 2025, 3:02pm
Photo / File
Photo / File

'Culmination of everything': Experts says many factors behind GDP drop

Author
九一星空无限talk ZB,
Publish Date
Thu, 18 Sept 2025, 3:02pm

New Zealand's economy has been shrinking much faster than experts anticipated, according to new reports.

Latest data from Stats NZ shows GDP dropped 0.9 percent in the June quarter after two quarters of growth.

Infometrics Principal Economist Brad Olsen says the uncertainty around Trump's tariffs created a ripple effect that's showing through a number of industries.

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