New Zealand: 2024 Article IV Consultation-Press Release; and Staff Report
Electronic Access:
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Summary:
The New Zealand economy slowed considerably in 2023, following a period of strong growth, and some previous significant imbalances are finally correcting. Tight monetary policy has put inflation on a meaningful downward path but remains high. Some of the overvaluation in housing prices has also reversed. The external balance is slowly improving, though the current account deficit is still large. An ambitious agenda of broad-based reforms is underway by the new coalition government.
Series:
Country Report No. 2024/122
Subject:
Housing Inflation International organization Labor Labor markets Monetary policy National accounts Prices Production Productivity
Frequency:
regular
English
Publication Date:
May 14, 2024
ISBN/ISSN:
9798400275227/1934-7685
Stock No:
1NZLEA2024001
Format:
Paper
Pages:
88
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