Regions grapple with slowdown as budget decisions loom

The economy was bolstered by a bump in international tourism during the Lunar New Year. (Image: Getty)

Thu, 16 May 2024

As New Zealand grapples with its slowest economic growth since the initial covid-19 lockdown, Infometrics principal economist Brad Olsen says regional disparities are becoming increasingly pronounced.Olsen highlighted the economic difficulties in Infometrics' Quarterly Economic Monitor released on Thursday morning, noting that economic activity in the first quarter of 2024 was only 0.3% per annum higher than at the same point in 2023, with year-end growth slowing to 0.2%.The report said this slowdown was particularly impactful in...

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