China slowdown, weaker commodity prices, drop in house prices biggest risks to NZ: IMF

Tue, 10 Jun 2014

By Jonathan Underhill Jun. 10 (BusinessDesk) - A sharp slowdown in China's growth, financial market volatility, a sustained decline in commodity prices and a drop in house prices are the biggest potential risks facing the New Zealand economy, according to an assessment by the International Monetary Fund. The IMF gives New Zealand a broadly favourable appraisal in its latest country report, noting that economic growth is "becoming increasingly embedded and broad-based" and headline inflation remaining below the mid-point of the central ban...

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