OECD Sees Fragile NZ Economic Recovery, Warns on Energy

OECD sees fragile NZ economic recovery, warns on energy

New Zealand's economic growth is expected to recover gradually to 1.4 per cent this year and 2.3 per cent in 2027, an OECD report says.

RBNZ’s frequent remit adjustments risk policy error, OECD warns

The central bank has provisionally forecast inflation will rise to 4.2% in the current quarter

OECD sees fragile New Zealand recovery; warns on energy, ageing and capital-market gaps

WELLINGTON, May 7 (Reuters) – New Zealand’s economy is in the early stages of a recovery after more than two years of weakness, but the OECD warns the rebound is fragile and exposed to renewed inflation pressure, high energy costs, ageing-related fiscal strain and chronically weak productivity, according to a report released by the OECD. • The report said growth is expected to recover gradually to 1.4% in 2026 and 2.3% in 2027, supported by earl…