Signs of recovery emerge in New Zealand economy, but inflation persists
New Zealand's economy shows unsteady recovery while persistent inflation may drive further interest rate increases.
New Zealand's economy is showing signs of recovery, though the outlook remains fragile with household spending proving vulnerable. Persistent inflation continues to weigh on the economy and could support further official cash rate increases. Global uncertainty adds additional headwinds to the domestic economic picture.
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NZ economy in 10 charts: signs of recovery emerge, but inflation still bites
An unsteady recovery is taking shape, but household spending remains a key fragility. Persistent inflation supports further OCR increases, while global uncertainty clouds the outlook. The post NZ economy in 10 charts: signs of recovery emerge, but inflation still bites…