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Economics
4 mins to read

Households face a difficult two years

Two gloomy reports out this morning point to tougher times, with spending dampened.

Infometrics chief forecaster Gareth Kiernan speaks with Brent Edwards.

Brent Edwards Fri, 03 Feb 2023

Infometrics’ latest economic forecasts paint a gloomy picture, with the economy expected to go into a prolonged contraction until March next year.

After that, growth is expected to be sluggish.

In a separate report, Westpac’s industry economist Paul Clark is warning the building industry to get

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Brent Edwards Fri, 03 Feb 2023
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Households face a difficult two years
Economics,
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