dimanche 15 mars 2015
Economic growth to slowly come off boil: NZIER
Posted on 21:51 by nice news
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 per cent in the year ending March 31, based on the median in the survey, slowing to a 2.9 per cent pace in 2016, 2.8 per cent in 2017 and 2.4 per cent in 2018.
The consumer price index will probably rise 0.5 per cent in the current March year, accelerating to 1.6 per cent in 2015, 2 per cent in 2017 and 2.1 per cent in 2018.
Read more: Growth tipped to ease after brisk quarter
The survey comes ahead of gross domestic product data for the fourth quarter due on Thursday, which is expected to show a quarterly gain of 0.7 per cent for an annual 3.2 per cent.
The economy is expected to expand 3.3 per cent in the year ending March 31, based on the median in the survey, slowing to a 2.9 per cent pace in 2016, 2.8 per cent in 2017 and 2.4 per cent in 2018.
The consumer price index will probably rise 0.5 per cent in the current March year, accelerating to 1.6 per cent in 2015, 2 per cent in 2017 and 2.1 per cent in 2018.
Read more: Growth tipped to ease after brisk quarter
The survey comes ahead of gross domestic product data for the fourth quarter due on Thursday, which is expected to show a quarterly gain of 0.7 per cent for an annual 3.2 per cent.
Economic growth to slowly come off boil: NZIER
Categories: Economic growth to slowly come off boil: NZIER
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