Will the weaker-than-expected GDP growth in Q4 2011 affect New Zealand’s recovery?
I think it drastically affects the outlook for the economy. It’s definitely got me more pessimistic!
Nope. I see it as a minor road bump that won’t derail New Zealand’s recovery.
On its own, I don’t think it has a big impact. But if we see another quarter of disappointing growth, I think New Zealand’s recovery will be at risk.
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