Global trade tensions and ongoing cost-of-living pressures have overshadowed the economic outlook
Global trade tensions and ongoing cost-of-living pressures have overshadowed the economic outlook
19 March 2025
The Westpac-McDermott Miller Consumer Confidence Index dropped to below-average, with uncertainty greatest in Wellington.
But some positive signs are emerging, including a drop in interest rates.
Senior Economist Satish Ranchhod is optimistic about the coming year.
He says we should see economic growth and improvement in the labour market - but it's likely to be gradual.
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