An economist is predicting a gloomier number than the Reserve Bank from the latest GDP figure.  Stats NZ data on GDP for the year's second quarter will be released today.  The Reserve Bank's predicting a 0.3 percent drop.  BNZ Chief Economist Mike Jones is a picking a 0.5 percent fall.  He told Ryan Bridge economic growth is probably going to be slow for a while.  Jones says it will probably be until next year that we see what can be classed as recovery.  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. See omnystudio.com/listener for privacy information.

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