‘Fairly shabby number’: GDP rises only 0.2 per cent in March quarter

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Rabobank Senior Macro Strategist Ben Picton says last quarter’s 0.2 per cent growth in GDP is a “fairly shabby number”. “I think it’s pretty fair to say that it was a fairly shabby number,” Mr Picton told Sky News host Ed Boyd. “We expected a higher number … it was a soft number, perhaps it’s maybe exaggerated a little bit by some of those weather effects. “Overall, we’d certainly like to see a more robust growth figure.”