NZIER Consensus Forecasts shows a softer growth outlook
September 10, 2018
The latest NZIERConsensus Forecastsexpects a slight downward revision to the growth outlook for the next two years.
Expectations of weaker household and Government spending over the next two years drive much of the moderation. Household spending has been very strong in recent years, but there are signs this is starting to slow as consumer confidence eases.