RBNZ Policy: Table of Key Forecasts and Assumptions

     SYDNEY (MNI) - Table of Reserve Bank of New Zealand's forecasts for the

economy, and assumptions in the February Monetary Policy Statement published

Thursday (November in brackets):

         Dec-18  Jun-19  Dec-19  Jun-20  Sep-20  Dec-20

-------------------------------------------------------

OCR         1.8     1.9     1.9     2.1     2.2     2.3

          (1.8)   (1.8)   (1.9)   (2.1)   (2.2)

GDP Q/Q     0.8     0.9     0.8     0.8     0.7     0.7

          (0.7)   (0.7)   (0.7)   (0.7)   (0.6)

CPI Q/Q     0.2     0.6     0.2     0.6     0.6     0.2

          (0.2)   (0.6)   (0.2)   (0.5)   (0.6)

CPI Y/Y     1.8     1.8     1.8     1.9     2.0     2.0

          (2.1)   (1.9)   (2.0)   (2.0)   (1.9)

TWI        74.9    74.7    74.4    74.0    73.9    73.7

         (73.5)  (73.5)  (73.5)  (73.5)  (73.5)

--MNI Sydney Bureau; tel: +61 2-9716-5467; email: sophia.rodrigues@marketnews.com

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