International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.

BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.

NZ Herald business editor at large Liam Dann unpacked this research further.

LISTEN ABOVE

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.
BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.
NZ Herald business editor at large Liam Dann unpacked this research further.
LISTEN ABOVE

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