Wellington: Acting New Zealand prime minister Winston Peters has foreshadowed a slump in the New Zealand economy, citing US President Donald Trump as one of the reasons why.
The economy grew by 0.6 per cent in the March 2019 quarter, with a fresh quarterly figure to be announced on Thursday.
Peters, who has begun an 11-day stint as leader with Prime Minister Jacinda Ardern travelling overseas including to the United States, says a smaller growth rate shouldn’t shock New Zealanders.
“Will they be down? Of course, they’ll be down. But we said so back then,” Peters said.