NZIER Consensus Forecasts show much weaker growth in 2024 - March 2023
March 13, 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 … Read more
NZIER Consensus Forecasts show a weaker economic outlook for years beyond 2024 - December 2022
December 12, 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 intere … Read more
NZIER Consensus Forecasts show a weaker economic outlook as high inflation and interest rates continue - September 2022
September 12, 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
NZIER Consensus Forecasts show a lower growth outlook beyond the higher starting point, June 2022
June 13, 2022
The latest NZIER Consensus Forecasts show a downward revision to the growth outlook over the coming years, despite the stronger starting point. The revisions reflect expectations of weaker activity across most sectors from 2023. Although the recovery in demand was stronger than initia … Read more
NZIER Consensus Forecasts show a mixed growth outlook amidst higher inflation - Consensus Forecasts, March 2022
March 21, 2022
The latest NZIER Consensus Forecasts show an upward revision to the near-term growth outlook for the New Zealand economy, but softer growth is forecast for the subsequent year. These revisions reflect recent activity indicators, suggesting that while the New Zealand economy weathered … Read more
NZIER Consensus Forecasts show weaker near-term outlook
December 13, 2021
The latest NZIER Consensus Forecasts show a downward revision to the near-term outlook for the New Zealand economy. This largely reflects the expected impact of restrictions to contain the latest COVID-19 community outbreak, which turned out to persist for longer than initially expect … Read more
NZIER Consensus Forecasts show mixed outlook as uncertainty over the impact of latest COVID-19 community outbreak looms
September 13, 2021
The latest NZIER Consensus Forecasts show a downward revision to the near-term outlook for the New Zealand economy but an upward revision for the subsequent year. The latest community outbreak of COVID-19 is likely to have driven these revisions, as the recent lockdown reduces econo … Read more
NZIER Consensus Forecasts show weaker starting point for growth is not expected to persist
June 14, 2021
The latest NZIER Consensus Forecasts (CF) show that beyond the weaker starting point for GDP growth, the near-term growth outlook has been revised up. On average, annual average growth in GDP is expected to reach 5 percent in March 2022. Read more
NZIER Consensus Forecasts show a downward revision to the growth outlook over the longer term
March 15, 2021
The latest NZIER Consensus Forecasts show a downward revision to growth forecasts later this year. However, this partly reflects a higher starting point, as the recovery in demand after lockdown restrictions were relaxed turned out to be stronger than expected. Read more
NZIER Consensus Forecasts show stronger near-term growth
December 14, 2020
The latest NZIER Consensus Forecasts show a substantial upward revision to growth forecasts over the coming year. The consensus is clearly for a ‘V’ shaped economy recovery in New Zealand. Read more