PDF New Zealand Download
- Author: International Monetary Fund. Asia and Pacific Dept
- Publisher: International Monetary Fund
- ISBN:
- Category : Business & Economics
- Languages : en
- Pages : 81
After a strong post-pandemic recovery, New Zealand has entered a marked, but orderly, policy-induced slowdown. Monetary policy has been appropriately tightened to address the above-target inflation and unsustainably low unemployment rate. The external balance has deteriorated significantly, reflecting the economic overheating of recent years. The housing market continues to correct, and although financial stability risks appear contained, affordability remains a concern.