NZIER Consensus Forecasts shows softer growth outlook for New Zealand

NZIER survey of economists shows expectations of slower growth for the next few years in New Zealand.

Headlines 

Modestly softer growth outlook for the next few years

Overall, the growth outlook remains positive

Downward revisions to forecasts for household spending and business investment

Consumer and business confidence have eased

Uncertainty about the effects of new Government policies

near-term weakness in housing construction