New Zealand economy picking up despite offshore volatility - Quarterly Predictions, March 2016
02 March 2016
Economic activity picked up over the second half of 2015, reflecting growth in the non-dairy sectors. Strong population growth, construction and tourism will be the key driving forces behind solid growth for the next few years. We expect annual GDP growth to recover to around 3% over 2016, and average 2.5% for the following years.
An independent take on the New Zealand economic outlook is available exclusively to NZIER’s members in the latest Quarterly Predictions.
The media release can be read here.Go Back