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28 Jun 2024 9:06
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  •   Home > News > Business

    Economists aren't expecting GDP to rise significantly, until there's a material change in the OCR

    Economists aren't expecting GDP to rise significantly, until there's a material change in the OCR


    The economy grew 0.2 percent in March, officially taking the country out of a technical recession.

    ASB Senior Economist Kim Mundy says monetary policy is still being significantly tightened by the Reserve Bank.

    She says that's flowing through to weaker household demand, because people are finding their pay cheques aren't going as far.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    Former Wallabies rugby coach Michael Cheika is back in the spotlight, landing the role as head coach of British club Leicester More...


    BUSINESS BUSINESS
    A positive sign for Kiwi orchards More...



     Today's News

    Entertainment:
    Celine Dion has been offered the chance to perform at the opening ceremony of the Paris Olympics 9:00

    Business:
    A positive sign for Kiwi orchards 8:47

    Cricket:
    The India spinners have led the way in a thumping 68-run win over England in the second T20 World Cup semi-final in Guyana 8:47

    Cricket:
    India will meet South Africa in the final of cricket's T20 World Cup in Barbados 8:37

    Entertainment:
    Sienna Miller's 11-year-old daughter Marlowe "initially" found it hard adjusting to life with her new baby sister 8:30

    Entertainment:
    WWE Hall of Famer Sika Anoa'i has died aged 79 8:00

    International:
    Iranians to vote in tightly controlled election following president's death in helicopter crash 7:57

    Rugby:
    Former Wallabies rugby coach Michael Cheika is back in the spotlight, landing the role as head coach of British club Leicester 7:57

    Law and Order:
    A coroner will further investigate the murders of the three Dickason children, killed by their mother 7:47

    Politics:
    A warning for residents to be wary of their water heating systems 7:37


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