Slow and steady recovery - Consensus Forecasts, June 2013

17 June 2013

The New Zealand economy is recovering, according to the latest NZIER Consensus Forecasts. Economic growth will pick up over the next two years, boosted by the Canterbury rebuild and a gradual underlying recovery. Economic growth will average 2.7% over the next three years, better than the past three years at (0.7% per year), but slower than the 2001-2008 period (3.5% per year).

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