15 Dec 2023

Analysis: Economy shrinks 0.3 percent

From Morning Report, 8:16 am on 15 December 2023

New data from Stats New Zealand shows the economy is weaker than expected. GDP fell 0.3 percent in the third quarter of this year, compared to an expected rise of 0.2 percent. ASB economist Nathaniel Keall spoke to Ingrid Hipkiss.