Kelly Eckhold: Westpac Chief Economist ahead of the Q3 GDP announcement
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Kelly Eckhold: Westpac Chief Economist ahead of the Q3 GDP announcement
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About this listen
One of the major banks is predicting some of the best quarterly GDP figures in years.
Stats NZ is releasing the economic figures for the three months ending September this morning, with the Reserve Bank's forecasting growth of 0.4%.
Westpac predicts a 0.9% gain, putting that down to a jump in activity across the board.
Chief Economist Kelly Eckhold told Andrew Dickens it would fill in a hole from the previous quarter.
But he says there needs to be two or three quarters of growth before people can be confident the country is on an upward trend.
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