Economic forecast.

The article presents economic forecast for New Zealand. It provides data on real GDP growth, exchange rates and commodity prices. It is cited that forecast for real GDP growth in 2008 has been revised down to 1.8%. Consumer price inflation increased to 1.2% quarter on quarter in the fourth quarter of 2007. It is noted that on February 27, 2008, the New Zealand dollar reached its highest level against the U.S. dollar since it was floated in 1985.