New Zealand : 2012 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice

Author/Editor:

International Monetary Fund

Publication Date:

June 7, 2012

Electronic Access:

Free Full Text (PDF file size is 1276 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The New Zealand economy continues to grow at a modest pace. The 2012 Article IV Consultation reports that domestic demand has remained soft as households and businesses continue to deleverage amid a weak housing market and an uncertain outlook. Executive Directors endorse that output growth should pick up somewhat in 2012 as earthquake reconstruction spending is expected to gain pace. High household debt is likely to weigh on the growth of private consumption as households will need to save to strengthen their balance sheets.

Series:

Country Report No. 12/132

Subject:

English

Publication Date:

June 7, 2012

ISBN/ISSN:

9781475504125/1934-7685

Stock No:

1NZLEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

45

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