Kelly Eckhold: Westpac Chief Economist ahead of today's GDP figures
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Tuesdays
Today's GDP figures are expected to show the economy weakened in the second quarter of this year. Analysts are forecasting a contraction between 0.1 and 0.5%. The first quarter of 2024 showed just 0.2% growth. Westpac Chief Economist Kelly Eckhold told Mike Hosking June was the weakest month they've seen in a while. He says they expect it to have gone backwards again in Q3, but it will be a finely balanced thing – they're forecasting minus 0.2. LISTEN ABOVE See omnystudio.com/listener for privacy information.
