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Slowing inflation, booming immigration expected to prevent recession
Morning Report
English - October 19, 2023 18:40 - 4 minutes - 4.55 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Slowing inflation and booming immigration are expected to help prevent New Zealand going into recession over the next 18 months.
The economy has faced severe stresses over the past three years and high inflation has caused recent headaches for the Reserve Bank, but Infometrics says the economy has been more resilient than first thought.
Infometrics chief forecaster Gareth Kiernan spoke to Ingrid Hipkiss.