Liam Dann: NZ Herald Business Editor on the GDP falling 0.2% in the three months to June
Kerre Woodham Mornings Podcast - A podcast by Newstalk ZB

New Zealand's economy has barely escaped another technical recession. New Stats NZ figures show our Gross Domestic Product contracted 0.2% in the three months to June. Its revised figures downgrade the March quarter to show the economy grew just 0.1%, not the 0.2% initially estimated. Herald Business Editor at Large Liam Dann told John McDonald that minimal growth kept us out of another technical recession but doesn't change reality. He says with a lot of migration gains and population growth, on a per capita basis we're still in a recession. LISTEN ABOVE See omnystudio.com/listener for privacy information.