IMF Staff Country Reports

New Zealand: 2018 Article IV Consultation – Press Release; Staff Report; and Statement by the Executive Director for New Zealand

July 3, 2018

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Format: Chicago

International Monetary Fund. Asia and Pacific Dept "New Zealand: 2018 Article IV Consultation – Press Release; Staff Report; and Statement by the Executive Director for New Zealand", IMF Staff Country Reports 2018, 202 (2018), accessed 12/7/2025, https://doi.org/10.5089/9781484365816.002

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Summary

New Zealand's economy has enjoyed a solid expansion since 2011. With a persistent net migration wave, potential output has moved closely in line with actual output, and economic slack has decreased slowly. Macroeconomic imbalances overall have narrowed, although macro-financial vulnerabilities have risen with rapid house price increases. The new coalition government seeks to make growth more inclusive.

Subject: Housing, Housing prices, Income, Inflation, National accounts, Prices, Private investment

Keywords: consumer price inflation, CR, financial asset, Global, government, government's intention, Housing, Housing prices, Income, Inflation, ISCR, monetary policy, policy agenda, Private investment, screening regime, stats NZ