New Zealand's continuing to feel the knock-on effects of continuing economic downturn - but is there light at the end of the tunnel? 

The latest data shows GDP rose 0.8 percent in the March quarter, before the fuel crisis started to hit.

However, EMA Head of Advocacy Alan McDonald is urging caution at this stage.

"Everyone's kind of hedging their bets a little, but those underlying good factors that were evident in those numbers...they're still there. But some of the intentions to hire and invest - understandably, it's gone on hold."

LISTEN ABOVE

New Zealand's continuing to feel the knock-on effects of continuing economic downturn - but is there light at the end of the tunnel?&nbsp;
The latest data shows GDP rose 0.8 percent in the March quarter, before the fuel crisis started to hit.
However, EMA Head of Advocacy Alan McDonald is urging caution at this stage.
"Everyone's kind of hedging their bets a little, but those underlying good factors that were evident in those numbers...they're still there. But some of the intentions to hire and invest - understandably, it's gone on hold."
LISTEN ABOVE

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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