Latest publications / Consensus Forecasts

NZIER Consensus Forecasts suggest that activity in the New Zealand economy remains soft in the near term

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NZIER Consensus Forecasts suggest a sluggish economy for the coming year

The latest NZIER Consensus Forecasts show a further downward revision to the growth outlook for the years ending March 2025 through to March 2027. Forecasts of annual average GDP growth point to zero percent growth in the year to March 2025 before picking up to 2.2 percent in 2026. Th … Read more

NZIER Consensus Forecasts point to a deteriorated growth outlook for the coming year

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NZIER Consensus Forecasts show weak growth for the year ending March 2025

The latest NZIER Consensus Forecasts show a downward revision to the growth for the coming year. Annual average GDP growth for the year ending March 2024 has been revised down to 0.5 percent and remains weak at 0.8 percent for the year ending March 2025. Read more

NZIER Consensus Forecasts still point to a slowing economy over the next two years - December 2023

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NZIER Consensus Forecasts point to subdued growth for the two years ahead - September 2023

The latest NZIER Consensus Forecasts show subdued economic growth over the next two years. Annual average GDP growth is forecast to slow to 0.4 percent in the year to March 2024 before recovering to just 1.1 percent in 2025. Higher interest rates are starting to dampen demand as the i … Read more

NZIER Consensus Forecasts point to a slowing in growth over the coming years

The latest NZIER Consensus Forecasts show a downward revision to economic growth for the year to March 2023, followed by a slowing in growth over the subsequent years. Annual average GDP growth is forecast to slow to 0.6 percent in the year to March 2024 before picking up to 1.4 perce … Read more

NZIER Consensus Forecasts show much weaker growth in 2024 - March 2023

The latest NZIER Consensus Forecasts show an upward revision to the near-term growth outlook for the New Zealand economy but a downward revision for the subsequent two years. Annual average GDP growth is forecast to slow to 0.3 percent for the year to March 2024 before picking up to 1 … Read more

NZIER Consensus Forecasts show a weaker economic outlook for years beyond 2024 - December 2022

The latest NZIER Consensus Forecasts show a stronger starting point for the New Zealand economy over the coming year but a downward revision for 2025 and 2026. Although the economy appears resilient despite the sharp rise in interest rates over the past year, expectations that interes … Read more

NZIER Consensus Forecasts show a weaker economic outlook as high inflation and interest rates continue - September 2022

The latest NZIER Consensus Forecasts show a downward revision to the near-term outlook for the New Zealand economy and the subsequent years to 2025. These revisions reflect expectations of weaker activities across most sectors in 2023 and higher inflation and interest rates. Added to … Read more

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