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NZ Economy on the Upward Tilt | Auckland News
New Zealand’s economy is showing signs of recovery, with forecasts predicting a four-year high of 2.7% growth by mid-next year—thanks to stable fuel prices and controlled inflation. This means the Reserve Bank may avoid aggressive rate hikes, instead responding to stronger demand. Consumer spending is expected to rebound later this year, though job markets remain tight and sectors like fashion and dining are lagging. Housing and construction are still sluggish, but business confidence is rising. Uncertainty looms with the upcoming election and global events, but overall, the outlook is far…
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