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Economics
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Brutal 2023 ahead for NZ economy, says ASB

All negative, but tourism could be the kicker to get regions humming next year.

More talk of a recession and weaker outlook for NZ in ASB report.

There appears to be no end-of-year Christmas miracle for the economy, with the rollercoaster firmly set to slide downwards next year, according to ASB’s latest economic forecasts.

The bank’s economics team has crunched the numbers and painted a brutal image of the next 12 months.

“Prepare now

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Brutal 2023 ahead for NZ economy, says ASB
Economics,
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