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22 Oct 2021 7:56
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  •   Home > News > Business

    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


    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.

    © 2021 Newstalk ZB, NZCity

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    Haka performed as rugby star Sean Wainui's body starts journey back home More...


    BUSINESS BUSINESS
    Only time will tell just how much New Zealand will benefit, from its new free trade agreement with the UK More...



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