15 Jun 2023

Latest GDP figures show NZ is in recession

From Checkpoint, 5:07 pm on 15 June 2023

The latest stats out today confirm the country has entered a recession, by a whisker, with negative growth in the last quarter of 2022 and the first three months of this year.

National's raising the alarm, calling it a red light warning for an "incredibly fragile" economy, but the Government says better times are ahead.

Here's our deputy political editor Craig McCulloch.