Kelly Eckhold: Westpac Chief Economist ahead of today's GDP figures - The Mike Hosking Breakfast

Today's GDP figures are expected to show the economy weakened in the second quarter of this year.  

Analysts are forecasting a contraction between 0.1 and 0.5%.  

The first quarter of 2024 showed just 0.2% growth.  

Westpac Chief Economist Kelly Eckhold told Mike Hosking June was the weakest month they've seen in a while.  

He says they expect it to have gone backwards again in Q3, but it will be a finely balanced thing – they're forecasting minus 0.2. 

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