Market Report, "New Zealand Business Forecast Report Q3 2013", Published
As households continue to deleverage and the government is likely to intervene to restrain optimism around New Zealand's housing market, we expect private consumption growth will be relatively benign, and forecast New Zealand's overall real GDP growth to come in at 2.2% in 2013. Risks remain firmly weighted to the downside as the uncertainties surrounding other economies persist.
View full press release