Economy

THE CHART: Which economist's GDP prediction was on the money?

Andy Fyers
Fri, 18 Dec 2020

After a record slump in the second quarter of 2020, the New Zealand economy bounced back in the third quarter.The so-called 'V-shaped' recovery was not a surprise, given economic indicators continue to paint a rosier picture of the economy as the year goes on.Most of the major economic forecasters did a pretty good job of predicting the extent of the economy's recovery in the third quarter.The best of the bunch were ANZ and BNZ, who were both bang on the actual figure of a 14 percent expansion in GDP.The other three big banks had th...

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THE CHART: Which economist's GDP prediction was on the money?

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