New Zealand economy to ride out global risks, says NZIER - Quarterly Predictions, September 2016
31 August 2016
The solid momentum in the New Zealand economy should provide a buffer against the more fragile global outlook. Geopolitical uncertainty in the United Kingdom and United States, along with the slowing in the Chinese economy as it continues to rebalance, pose downside risks to the demand for New Zealand’s exports. But the outlook for key exports remains positive and domestic demand remains strong, as we expect the effects of strong population growth will continue to ripple across the sectors and regions in New Zealand. We continue to expect annual GDP growth will average just under 3% beyond 2016.
Quarterly Predictions an independent take on the New Zealand economic outlook is available exclusively to NZIER’s members.
The media release can be read here.Go Back