OECD Economic Outlook, Volume 2015 Issue 1
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on investment and a statistical annex.
New Zealand
Economic growth is projected to moderate as the fall in the terms of trade depresses domestic demand, the boost from the Canterbury rebuild wanes and immigration slows. Still, the unemployment rate should continue to edge down and wage gains to increase modestly. With economic slack fully absorbed, consumer price inflation is projected to rise to 1.8% by late 2016.
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