Economists are predicting a quarter-on-quarter increase of between 1.1 per cent (at Kiwibank) through to 1.5 per cent (at ASB). That would mean a roughly 16 per cent year-on-year lift in GDP. That would be more important than a fall in production GDP, she said. At Infometrics, Gareth Kiernan expected lockdown to knock about 7 per cent off GDP quarter-on-quarter. ASB expects a 6.5 per cent fall in Q3 and a 7.8 per cent rebound in Q4.

Source: Stuff September 13, 2021 01:52 UTC