Lean year lies ahead – Westpac

Aug 15, 2022 | Economy

The New Zealand economy faces some lean growth in the year ahead as households’ budgets are squeezed, according to Westpac’s latest Economic Overview. “An overstimulated economy in the wake of the Covid shock has led to the most serious bout of inflation in decades,” says Westpac’s Acting Chief Economist Michael Gordon. “Demand needs to be reined back […]

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Lean year lies ahead – Westpac

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