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

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

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
The podcasts in the SME Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.&nbsp;

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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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