New Zealand Insights – March 2018

The New Zealand economy remains a solid performer. Since the last New Zealand Insights we have seen an upward review to New Zealand’s recent historical growth track, followed by an upward revision of labour productivity performance, though we remain concerned about the recent weakness in business confidence. While retail spending has been strong in recent years, it’s the Government that is going to provide a significant boost to growth later in the year as government spending picks up.

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