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Economic forecast.

Source :
Country Report. New Zealand; Aug2008, Issue 8, p5-8, 4p, 3 Charts
Publication Year :
2008

Abstract

The article offers an economic forecast for New Zealand. The Economist Intelligence Unit forecasts real GDP growth for 2008 to reach 0.7%. The Reserve Bank of New Zealand anticipates year-on-year inflation to go up to 4.7% in September 2008. The New Zealand dollar is seen to strengthen from NZ$1.36:U.S. $1 in 2007 to NZ$1.31:U.S.$1 in 2008 and then weaken to NZ$1.43:US$1 in 2009. The country's current account deficit is forecast to narrow to 7.1% of GDP in 2008 and then widen to 7.3% of GDP in 2009.

Details

Language :
English
ISSN :
02697114
Issue :
8
Database :
Complementary Index
Journal :
Country Report. New Zealand
Publication Type :
Report
Accession number :
34070395