Liam Dann: NZ Herald Business Editor on the GDP figure falling by 0.3 percent

Surprise at today's negative GDP figure.

It fell 0.3% in the three months to September, a switch from a revised 0.5% increase for the three months to June.

Stats NZ originally reported that quarter as a 0.9% growth.

Herald Business Editor at Large Liam Dann told Kerre Woodham that it's much gloomier than most expected.

He says most economists were predicting at least some growth.

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