NZIER Consensus Forecasts show weak growth for the year ending March 2025
March 18, 2024
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
December 11, 2023
NZIER Consensus Forecasts point to subdued growth for the two years ahead - September 2023
September 18, 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
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 perce … Read more
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 1 … 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 interes … 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