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29 Mar 2024 17:52
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  •   Home > News > Business

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure


    Gross Domestic Product rose 2.8 percent in the June quarter, driven by activity in accommodation and food services.

    Herald Business editor-at-large Liam Dann says 50 billion dollars from the Government's coffers has been circulating - and Kiwis haven't been able to spend much overseas.

    He says it shows the economy wasn't just booming, it was bumping up against all sorts of constraints.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    A coaching conundrum for Crusaders assistant James Marshall as they look to end their losing run in Super Rugby tonight against the Chiefs in Christchurch More...


    BUSINESS BUSINESS
    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



     Today's News

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    Entertainment:
    Pierce Brosnan has given his seal of approval to Aaron Taylor-Johnson as the next James Bond 16:53

    International:
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    Rugby:
    A coaching conundrum for Crusaders assistant James Marshall as they look to end their losing run in Super Rugby tonight against the Chiefs in Christchurch 16:17


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