New Zealand : Staff Report for the 2006 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 4, 2006

Electronic Access:

Free Full text (PDF file size is 823 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2006 Article IV Consultation highlights that following a vigorous expansion in recent years, a cyclical slowing in New Zealand’s economy commenced in 2005, with growth declining to 2¼ percent. Economic growth had averaged 4¼ percent annually in 2002–04, with domestic demand boosted by large migration inflows, wealth effects from rising housing prices, and income effects from high commodity prices. With slower growth easing resource pressures, inflation is expected to moderate, allowing an eventual easing in monetary policy.

Series:

Country Report No. 06/160

Subject:

English

Publication Date:

May 4, 2006

ISBN/ISSN:

9781451830323/1934-7685

Stock No:

1NZLEA2006001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

32

Please address any questions about this title to publications@imf.org