New Zealand GDP (Q1)

The weaker-than-expected rise in GDP in the first quarter means that GDP growth this year is likely to be closer to 3.0% than our previous forecast of 3.5%. While that would still be a fairly decent result, with core inflation set to remain subdued we doubt the RBNZ will start raising interest rates anytime soon.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.