Christina Leung: Coronavirus outbreak impacting NZ exporters

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Manage episode 254525885 series 2098280
By NZME and Newstalk ZB. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The impacts of the COVID-19 coronavirus outbreak are being felt throughout New Zealand's economy.
The New Zealand Institute of Economic Research has released its latest quarterly predictions.
Principal Economist Christina Leung told Kate Hawkesby activity in the March quarter is expected to be flat.
“We expect the combination of coronavirus and the drought will have a short, sharp shock to the NZ economy and exporters will feel the brunt of these effects.”
Leung says there's a lot of uncertainty around the duration of the coronavirus outbreak, but it's expected the impact will only be temporary.
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