One economic expert believes there are 'bright pockets' to be found in today's newly-released GDP figures.

Data from Stats NZ shows the economy contracted 0.1 percentage points in the final quarter of 2023- putting New Zealand in a technical recession.

NZ Herald business editor Liam Dann says this means the economy is turning faster than expected, which will hopefully mean rates could come down.

LISTEN ABOVE

One economic expert believes there are 'bright pockets' to be found in today's newly-released GDP figures.
Data from Stats NZ shows the economy contracted 0.1 percentage points in the final quarter of 2023- putting New Zealand in a technical recession.
NZ Herald business editor Liam Dann says this means the economy is turning faster than expected, which will hopefully mean rates could come down.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

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