NZ economic growth to slowly come off boil in next three years: NZIER survey

Mon, 16 Mar 2015

By Jonathan Underhill March 16 (BusinessDesk) - New Zealand economic growth will slow over the next three years, while maintaining a "solid" pace, according to the NZ Institute of Economic Research's consensus forecasts. The economy is expected to expand 3.3 percent in the year ending March 31, based on the median in the survey, slowing to a 2.9 percent pace in 2016, 2.8 percent in 2017 and 2.4 percent in 2018. The consumer price index will probably rise 0.5 percent in the current March year, accelerating to 1.6 percent in 2015, 2 percent...

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