Australia & New Zealand Economics

Australia & New Zealand Economics Update

23 January, 2019

New Zealand – Activity proxy still points to a softening in growth

Our New Zealand Activity Proxy (NZAP) suggests economic activity remains soft and that the slowing in GDP growth has further to run. That supports our view that GDP growth will weaken from 2.8% in 2018 to 2.2% in 2019.

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