Mike Jones: BNZ Chief Economist on GDP figures released today - Early Edition with Ryan Bridge

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. 

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