Momentum in New Zealand economy to continue - Quarterly Predictions, June 2016
01 June 2016
The New Zealand economy is showing reasonable momentum, with households and businesses resilient in the face of offshore volatility earlier this year. We continue to expect strong population growth for the foreseeable future. Construction and tourism will remain the key drivers of solid growth for the next few years, with annual GDP growth forecast to average around 2.8% beyond 2016.
Quarterly Predictions is an independent take on the New Zealand economic outlook available exclusively to NZIER’s members.
The full media release can be read here.Go Back