GDP figures out today will reveal whether or not the economy has tipped into recession, after negative growth of 0.6% in the December quarter of 2022.
The figures are a key indicator of the health of the economy and will play a role in any decision by the Reserve Bank to again lift the Official Cash Rate, or not.
Many economists are picking a slight fall in GDP, which would mean the country is technically in recession.
The Kiwibank chief economist Jarrod Kerr says there's no doubt the economy has softened.
He spoke with Corin Dann.
