More cash swirling around in the economy seems to have contributed to an impressive GDP figure
More cash swirling around in the economy seems to have contributed to an impressive GDP figure
16 September 2021
Gross Domestic Product rose 2.8 percent in the June quarter, driven by activity in accommodation and food services.
Herald Business editor-at-large Liam Dann says 50 billion dollars from the Government's coffers has been circulating - and Kiwis haven't been able to spend much overseas.
He says it shows the economy wasn't just booming, it was bumping up against all sorts of constraints.
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