New Zealand's 'solid' economic growth seen continuing as investment picks up, OECD says

Wed, 30 May 2018

By Tina Morrison May 31 (BusinessDesk) - New Zealand's economic growth is set to continue to beat the average of the 35 member countries of the Organisation for Economic Cooperative and Development, as activity shifts away from consumption and towards investment, the OECD said in its biannual Economic Outlook. The country's economic growth was "solid" in 2017, underpinned by consumption and international tourism, and "solid economic growth" is projected to continue at 3 percent in 2018 and 2019, the OECD said in its latest report. The...

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