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New Zealand Treasury forecasts unemployment lower than earlier estimated, GDP growth ahead

New Zealand Treasury forecasts unemployment lower than earlier estimated, GDP growth ahead
New Zealand Treasury statement, pre-election economic and fiscal update:forecasts the jobless rate at 4.8% in 2023/24 vs. earlier at 5.0%forecasts economic growth in Q2 2023, Q3 2023 and Q4 2023 increases bond program by NZ$9bn over four yearssees annual average GDP growth of 1.3% in 2023-24sees budget deficit of NZ$11.4bn in 2023-24return to budget surplus delayed one year to 2027NZD/USD little changed circa 0.5910. This article was written by Eamonn Sheridan at www.forexlive... Read More
Posted: Sep 12 2023, 01:06
Author Name: forexlive
Views: 092172

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