An incomplete picture remains of the impact of Cyclone Gabrielle on regional economies.

Infometrics' latest Quarterly Economic Monitor shows a 2.7 percent per annum rise in provisional economic activity in the first quarter of the year.

Principal Economist Brad Olsen says at the same time the likes of Hawke's Bay, Tairawhiti and Northland have seen their economic activity down between 0.7 and 0.8 percent.

He says given what we've seen, that's remarkable level of economic activity that's been able to bounce back.

LISTEN ABOVE

An incomplete picture remains of the impact of Cyclone Gabrielle on regional economies.
Infometrics' latest Quarterly Economic Monitor shows a 2.7 percent per annum rise in provisional economic activity in the first quarter of the year.
Principal Economist Brad Olsen says at the same time the likes of Hawke's Bay, Tairawhiti and Northland have seen their economic activity down between 0.7 and 0.8 percent.
He says given what we've seen, that's remarkable level of economic activity that's been able to bounce back.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.