Free Trial

NZIER Consensus Forecasts Show Downward Revision To Long-Term Growth Outlook

NEW ZEALAND

NZIER have released their quarterly Consensus Forecasts, noting that they "show a downward revision to growth forecasts later this year. However, this partly reflects a higher starting point, as the recovery in demand after lockdown restrictions were relaxed turned out to be stronger than expected." In addition, "the increase in inflation pressures is underpinning higher interest rate expectations, with Consensus Forecasts now suggesting expectations of an increase in the OCR from 2022."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.