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20 Feb 2025 10:53
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  •   Home > News > Business

    Economists aren't expecting GDP to rise significantly, until there's a material change in the OCR

    Economists aren't expecting GDP to rise significantly, until there's a material change in the OCR


    The economy grew 0.2 percent in March, officially taking the country out of a technical recession.

    ASB Senior Economist Kim Mundy says monetary policy is still being significantly tightened by the Reserve Bank.

    She says that's flowing through to weaker household demand, because people are finding their pay cheques aren't going as far.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Accident and Emergency:
    Firefighters have been injured after a wall's collapsed at Hawke's Bay Te Pohue Fire Station 10:47

    Business:
    Collateral damage: how the war on ‘woke banking’ could backfire on New Zealand 10:37

    National:
    Bolsonaro’s indictment over alleged coup plot signals shift in Brazil’s approach to political accountability 10:27

    Living & Travel:
    Air New Zealand's nationwide fleet of ATR 72 planes have been grounded due to an IT glitch 10:27

    Entertainment:
    Mike Tyson has denied he's been secretly suffering from Parkinson's disease 10:24

    International:
    Donald Trump describes Volodymyr Zelenskyy as a 'dictator' who's 'doing a terrible job' in social post 10:17

    Politics:
    Trust in politics is in long-term decline around the world – new research 10:17

    Environment:
    Greenland’s rapidly melting ice and landslide-prone fjords make the oil and minerals Trump covets dangerous to extract 10:07

    International:
    Trump's aid funding freeze derails HIV prevention efforts in Asia Pacific amid rising epidemics 10:07

    Law and Order:
    Investigations continue following an aggravated robbery that's left victims shaken in West Auckland 10:07


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