The New Zealand Institute of Economic Research (NZIER) is an economic consultancy

This from a survey of economists

NZIER reports the consensus inflation forecast from survey marked lower for 2017/18

  • 1.1% inflation in year ending March 31 (1.5% projected in June survey)
  • 1.9% inflation in 2018-19 (vs 2%)

GDP:

  • 2017-18 annual average growth 2.9% (3.1%)
  • 2018-19 annual average growth 3.4% (3.1%)

Forecasts lowered also for employment growth

  • Little change seen for wages growth