{"id":336516,"date":"2026-03-19T00:18:14","date_gmt":"2026-03-19T00:18:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/336516\/"},"modified":"2026-03-19T00:18:14","modified_gmt":"2026-03-19T00:18:14","slug":"todays-gdp-figures-expected-to-show-growth-but-economists-say-its-irrelevant","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/336516\/","title":{"rendered":"Today&#8217;s GDP figures expected to show growth, but economists say it&#8217;s irrelevant"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/03\/4JRM62R_bhfvdjshknals_png.jpeg\" width=\"1050\" height=\"675\" alt=\"Illustration depicting New Zealand currency\"\/><\/p>\n<p class=\"photo-captioned__information\">\nFigures for gross domestic product &#8211; the broad measure of economic activity &#8211; are due out today.<br \/>\nPhoto: RNZ \/ Quin Tauetau\n<\/p>\n<p>The economy is expected to have posted modest growth at the end of last year, but the budding recovery may stall because of the Middle East conflict.<\/p>\n<p>Figures for gross domestic product &#8211; the broad measure of economic activity &#8211; are due out today.<\/p>\n<p>A 0.3 percent increase is expected for the three months ended December.<\/p>\n<p>Growth has been driven by the primary and tourism industries, but economists say the Iran war has already <a href=\"https:\/\/www.rnz.co.nz\/news\/business\/589960\/one-of-the-most-dated-gdp-report-cards-in-recent-memory\" rel=\"nofollow noopener\" target=\"_blank\">dimmed the relevance<\/a> of the numbers.<\/p>\n<p>They said the prospect of much higher inflation, reduced business and consumer activity, and prolonged uncertainty threatens to delay or even derail future growth.<\/p>\n<p><a href=\"https:\/\/radionz.us6.list-manage.com\/subscribe?u=211a938dcf3e634ba2427dde9&amp;id=b3d362e693\" rel=\"nofollow noopener\" target=\"_blank\">Sign up for Ng\u0101 Pitopito K\u014drero<\/a>, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.<\/p>\n","protected":false},"excerpt":{"rendered":"Figures for gross domestic product &#8211; the broad measure of economic activity &#8211; are due out today. Photo:&hellip;\n","protected":false},"author":2,"featured_media":336517,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[48,138,47,219,111,43,139,69,49,46,44,45],"class_list":["post-336516","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-audio","tag-business","tag-current-affairs","tag-economy","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-podcasts","tag-public-radio","tag-radio-new-zealand","tag-rnz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/336516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=336516"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/336516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/336517"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=336516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=336516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=336516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}