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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.
- Subjects :
- ECONOMIC forecasting
GROSS domestic product
PRICE inflation
ECONOMIC indicators
Subjects
Details
- Language :
- English
- ISSN :
- 02697114
- Issue :
- 8
- Database :
- Complementary Index
- Journal :
- Country Report. New Zealand
- Publication Type :
- Report
- Accession number :
- 34070395