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Analysis by Region - Asia Pacific

Publisher Oxford Economics
Published Mar 17, 2025
Length 8 Pages
SKU # OFE19929289

Description

We have lowered our 2025 GDP growth forecast for New Zealand by 0.8ppts to 1.2% as recent data revisions indicate GDP came into 2025 with less momentum than we had previously anticipated. Even so, we still expect the quarterly pace of growth to pick up through this year as the headwinds weighing on the economy continue to fade. The Reserve Bank of New Zealand has lowered the cash rate by a total of 175bps, which will continue to support growth this year.

Table of Contents

8 Pages
New Zealand: Headwinds to GDP growth are set to fade over 2025
Forecast Overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic Risk Evaluation
Background
Economic development
Structure of the economy
Politics

Pricing

Currency Rates
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