The Reserve Bank is urging the Government to take a hard look at Stats NZ, with a view to improving the timeliness and accuracy of key economic data.

The department has been put under the microscope, with the central bank highlighting dramatic revisions to GDP (gross domestic product) as one of the reasons for a controversial reversal in its rate track in 2024.

NZ Herald business editor at large Liam Dann explains further.

LISTEN ABOVE

The Reserve Bank is urging the Government to take a hard look at Stats NZ, with a view to improving the timeliness and accuracy of key economic data.
The department has been put under the microscope, with the central bank highlighting dramatic revisions to GDP (gross domestic product) as one of the reasons for a controversial reversal in its rate track in 2024.
NZ Herald business editor at large Liam Dann explains further.
LISTEN ABOVE

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Heather du Plessis-Allan Drive

Liam Dann: NZ Herald business editor at large on the Reserve Bank raising issues with Stats NZ data

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7435867b-fdde-4215-99f9-b28a00767c3b/transcript