---
title: NZIER Consensus Forecasts point to a slowing in growth over the coming years
description: 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.
---

[Latest publications | NZIER ](https://www.nzier.org.nz/publications)

# [NZIER Consensus Forecasts point to a slowing in growth over the coming years](https://www.nzier.org.nz/publications/nzier-consensus-forecasts-point-to-a-slowing-in-growth-over-the-coming-years)

 Written by [The NZIER Team](https://www.nzier.org.nz/publications/author/the-nzier-team) | June 12, 2023

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 percent in 2025. 

 

 

[View full post](https://www.nzier.org.nz/publications/nzier-consensus-forecasts-point-to-a-slowing-in-growth-over-the-coming-years)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "The NZIER Team"
  },
  "dateModified" : "2023-06-12T00:00:02.238Z",
  "datePublished" : "2023-06-12T00:00:00Z",
  "headline" : "NZIER Consensus Forecasts point to a slowing in growth over the coming years",
  "image" : {
    "@type" : "ImageObject",
    "height" : 240,
    "url" : "https://www.nzier.org.nz/hubfs/News%20and%20media%20releases/Social%20media%20images/Consensus%20Forecasts%20ws.jpg",
    "width" : 480
  },
  "mainEntityOfPage" : "https://www.nzier.org.nz/publications/nzier-consensus-forecasts-point-to-a-slowing-in-growth-over-the-coming-years",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Latest publications"
  }
}
```