NZIER sees offshore developments weighing on the growth outlook - Quarterly Predictions, September 2019
28 August 2019
Growth is expected to slow over the coming years as offshore volatility weighs on demand, as detailed in the latest NZIER Quarterly Predictions. “We now expect annual GDP growth to average around 2.2 percent over the next five years. With the trade war between the US and China showing little sign of being resolved anytime soon, this is likely to dampen demand for New Zealand exports from 2020.”, said Principal Economist Christina Leung.
An independent take on the New Zealand economic outlook is available exclusively to NZIER’s members in the latest Quarterly Predictions.
Read the media release here.Go Back