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New Zealand Recession 2024 Predictions

New Zealand Recession 2024 Predictions. The unemployment rate will probably continue to increase and will level around 5 percent in 2024 and 2025 as the. New zealand’s looming recession is tipped to be twice as deep as previously thought, with kiwis being warned to prepare for a tough rest of the year.


New Zealand Recession 2024 Predictions

The rate hikes have sharply slowed the economy, although recent data showed new zealand moved out of a technical recession in the first quarter of 2024 with growth of 0.2%. We have lowered our 2023 growth estimate to 0.5% from 1.3% while our.

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