Fragile recovery continues amid global uncertainty and soft demand, Quarterly Predictions - June 2025

The New Zealand economy remains on a fragile path to recovery, supported by lower interest rates and improving household sentiment. However, recent volatility in global markets following the US-China tariff conflict has heightened uncertainty, posing fresh risks to New Zealand’s growth outlook

Quarterly Predictions is an independent review of New Zealand’s economic outlook and includes comprehensive forecasts of the economy. The full publication is available exclusively to NZIER’s members.