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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Modest GDP growth won't pressure Reserve Bank

The latest figures are consistent with New Zealand's long-term growth trend.

Rob Hosking
Thu, 21 Sep 2017

Well, it is an okay GDP result. 

Annual economic growth of 2.6% for the year to June, and up 0.8% for the quarter – in line with the average forecast but a bit below what both the Reserve Bank and the Treasury were expecting. 

It is not great but neither is it “sluggish” as some politically

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Rob Hosking
Thu, 21 Sep 2017
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Modest GDP growth won't pressure Reserve Bank
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