Is an Independent Economist who comments on today's big story - we are officially out of a technical recession with the GDP coming in today at 0.2% for the March quarter. However the more relevant number - the GDP per capita - has decreased 0.3% (for the sixth consecutive quarter). So what do these numbers mean for the timing around a drop in the OCR from the Reserve Bank?

<p>Is an Independent Economist who comments on today's big story - we are officially out of a technical recession with the GDP coming in today at 0.2% for the March quarter. However the more relevant number - the GDP per capita - has decreased 0.3% (for the sixth consecutive quarter). So what do these numbers mean for the timing around a drop in the OCR from the Reserve Bank?</p>

Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.

<p>Jamie Mackay delivers your daily fix of everything going on in NZ's biggest industry, along with a generous side-serve of news, sports and politics. The Country from Newstalk ZB, Hokonui and Gold Sport.</p>

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