NZIER Consensus Forecasts shows softer growth outlook for New Zealand
NZIER survey of economists shows expectations of slower growth for the next few years in New Zealand.
Modestly softer growth outlook for the next few years
Overall, the growth outlook remains positive
Downward revisions to forecasts for household spending and business investment
Consumer and business confidence have eased
Uncertainty about the effects of new Government policies
near-term weakness in housing construction