The New Zealand economy is shrinking, the only question is by how much.

GDP figures due out this morning are expected to show the economy contracted in the fourth quarter of last year.

Speaking to Tim Dower ASB Chief Economist Nick Tuffley is picking a steeper 0.5 percent drop.

LISTEN ABOVE

The New Zealand economy is shrinking, the only question is by how much.
GDP figures due out this morning are expected to show the economy contracted in the fourth quarter of last year.
Speaking to Tim Dower ASB Chief Economist Nick Tuffley is picking a steeper 0.5 percent drop.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.