There are signs that green shoots are starting to flourish economically. 

The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year. 

Spending was up across the board - on the likes of groceries, household items and clothes.

ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound. 

He says they're expecting 0.8 percent for the upcoming quarter.

LISTEN ABOVE

There are signs that green shoots are starting to flourish economically.&nbsp;
The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year.&nbsp;
Spending was up across the board - on the likes of groceries, household items and clothes.
ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound.&nbsp;
He says they're expecting 0.8 percent for the upcoming quarter.
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.

Heather du Plessis-Allan Drive

Nick Tuffley: ASB Chief Economist says GDP has had a strong rebound in the second half of the year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ed1c6284-fd74-486b-be5d-b3b1005970b7/transcript

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