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

Publication Date: June 07, 2012
Electronic Access: Free Full text (PDF file size is 1,276KB).
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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(s): Article IV consultation reports | Banking sector | Debt sustainability | Economic indicators | Economic recovery | External debt | Public sector savings | Staff Reports

Publication Date: June 07, 2012
ISBN/ISSN: 9781475504125/1934-7685 Format: Paper
Stock No: 1NZLEA2012001 Pages: 45
US$18.00 (Academic Rate:
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