NZ Says Growth Outlook Solid
NZ Says Growth Outlook Solid

NZ Says Growth Outlook Solid

NZ Says Growth Outlook Solid

A combination of strong net migration, tourist inflows and improving rural sector income points to a continued solid outlook for the New Zealand economy, as detailed in the latest NZIER Quarterly Predictions, voxy.co. reported. “We expect annual growth in the New Zealand economy to track around 3% on average over the next five years”, said Senior Economist Christina Leung. “Strong population growth and tourism activity is supporting a ramp-up in construction activity, with robust demand for residential construction and new hotel developments and office space. Capacity pressures are evident in the construction sector, but labor shortages are being alleviated by migration.”


Short URL : https://goo.gl/iYDrI6
  1. https://goo.gl/9vzrEr
  • https://goo.gl/hgpq2W
  • https://goo.gl/VvwdkR
  • https://goo.gl/pZvrfZ
  • https://goo.gl/ItHiir

You can also read ...

Philippines May Suspend Excise Taxes on Petroleum Products
The Philippine government will suspend the collection of...
Jordan Approves New IMF-Guided Tax Law
Jordan’s cabinet on Monday approved major IMF-guided proposals...
At present, the majority of investments are still being done in oil-gas and traditional industries while there is still almost no SME sector in the country.
While Saudi Arabia’s latest budget figures show progress in...
SBI Reports Record $1.1b Loss
State Bank of India reported a loss of Rs. 7,718 crore ($1.1...
US, China are nearing a deal to remove American sales ban against ZTE.
US President Donald Trump retreated from imposing tariffs on...
Dubai Bank to Buy Turkey’s Denizbank for $3.2 Billion
Dubai’s biggest lender the National Bank of Dubai has agreed...
IHS Markit to  Buy Rival Ipreo  for $1.8 Billion
Data firm IHS Markit Ltd. said it will buy smaller rival Ipreo...
Catalonia Main Risk to Spain Growth
The political situation in Catalonia is one of the main...

Add new comment

Read our comment policy before posting your viewpoints