Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter.

But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 percent.

She says there was consensus that GDP would drop, but most forecasts had it at 0.3 percent.

LISTEN ABOVE

Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter.
But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 percent.
She says there was consensus that GDP would drop, but most forecasts had it at 0.3 percent.
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

Nicola Willis: Finance Minister voices surprise with latest GDP numbers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3e490f00-db39-4338-bd33-b35c006a2328/transcript