A shallower recovery - Consensus Forecasts, March 2012

The recovery will be shallower than previously thought, according to the NZIER Consensus Forecasts. The economy will still grow; accelerating from 1.8% in the year ending March 2012 to 3.2% by 2014.

_{Each year NZIER devotes some of its resources to undertake and make freely available economic research and thinking aimed at promoting a better understanding of New Zealand’s important economic challenges. The preparation of this paper was funded from those resources.}