An overview of the New Zealand economy from the Treasury's monthly look at the indicators, for January 2016
In summary:
- Economic growth picked up over the second half of 2015
- Inflation pressures remain weak, with annual inflation at its slowest pace since 1999
- Low inflation together with falls in the terms of trade pose some downside risk to the outlook for nominal GDP growth
- Financial markets have been volatile in early 2016 as the global economic outlook deteriorates
