The country moves into the orange traffic light setting ahead of the Easter weekend as the school holidays start.
Pinched between low wages and high living costs, younger New Zealanders are now more stressed about money.
The RBNZ has a dual mandate to keep inflation between 1% and 3% and to support maximum sustainable employment.
About 68% of those surveyed are expecting NZ's economy to decline in the next 12 months.
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articles by Pattrick