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Jarrod Kerr: Kiwibank chief economist issues warning after GDP figures unveiled

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Manage episode 489623216 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Kiwibank's chief economist says GDP figures released today show good momentum - but the next report isn't looking as good.

Stats NZ says our gross domestic product grew a strong 0.8 percent in this year's first quarter.

It's much higher than predicted by the Reserve Bank and Treasury.

Jarrod Kerr says there is less optimism around the quarter ending June.

"The data that we talked about was for the first quarter - obviously, it pre-dates Trump's tariff announcements, which has thrown a whole lot of uncertainty into the year. And it also predates the recent spike in oil prices."

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9826 episodes

Artwork
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Manage episode 489623216 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Kiwibank's chief economist says GDP figures released today show good momentum - but the next report isn't looking as good.

Stats NZ says our gross domestic product grew a strong 0.8 percent in this year's first quarter.

It's much higher than predicted by the Reserve Bank and Treasury.

Jarrod Kerr says there is less optimism around the quarter ending June.

"The data that we talked about was for the first quarter - obviously, it pre-dates Trump's tariff announcements, which has thrown a whole lot of uncertainty into the year. And it also predates the recent spike in oil prices."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9826 episodes

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