Mark Smith: ASB Senior Economist on the GDP falling 0.9% - Early Edition with Ryan Bridge

Surprise across the board with the latest sharp drop in GDP.
 
Our economy's contracted 0.9% in the June quarter - a worse outcome than any economists had been forecasting.
 
Many were predicting a 0.3% drop, including the Reserve Bank and ASB.

ASB Senior Economist Mark Smith shares his analysis with Ryan. 

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