RBNZ chief economist Ha says some sectors recovering, but big hole in activity

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of New Zealand's Yong Ha spoke earlier:

More now:
  • there is a big hole in economic activity 
  • it will take time to fill it
  • some sectors are recovering quite well 
  • pent up demand from lockdown has given economy recent boost

Sounds like a donut shaped recovery perhaps?

Reserve Bank of New Zealand's Yong Ha spoke earlier:
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