19 Sep 2024

GDP continues to fall

From Midday Report, 12:15 pm on 19 September 2024

Stats NZ data shows gross domestic product - the broad measure of economic growth - fell 0.2 percent in the three months ended June. The numbers show the economy went backwards in the second quarter as expected by experts, following two quarters of economic contraction. RNZ buisness editor Gyles Beckford spoke to Midday Report.