New Zealand Recession 2024 Predictions. New zealand’s looming recession is tipped to be twice as deep as previously thought, with kiwis being warned to prepare for a tough rest of the year. There are clear signs of a continued weakening in economic activity as households and businesses hunker down in response to the interest.
Economics consultancy infometrics said the economy had been more resilient than first. These forecasts paint a picture of where our economists think new zealand’s economy, labour market, inflation and interest rates are.
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