Returning to a more gradual but sustainable pace - Quarterly Predictions, December 2014
26 November 2014
The economy is growing, but the pace is moderating. Economic growth will average 2.5% in the next five years, after a strong 3.4% in 2014. One-off boosts are fading, but there is a durable underlying recovery taking place that is not built on fickle borrowing.
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