New Zealand: 2022 Article IV Consultation-Press Release; and Staff Report

New Zealand: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for New Zealand

Volume/Issue: Volume 2022 Issue 138

Publication date: May 2022

ISBN: 9798400207242

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Inflation , Money and Monetary Policy , Public Finance , International - Economics , Environmental Conservation and Protection , stats NZ , money market rate , CPI data , liability positions vis-à-vis nonresident , housing affordability , Housing , Inflation , Housing prices , Greenhouse gas emissions , Global

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Summary

New Zealand’s management of the pandemic, including health policy and macroeconomic policy support, has been effective in ensuring economic recovery. Output has already recovered to above potential, the labor market is tight, and inflation has risen to above the Reserve Bank of New Zealand’s (RBNZ) target range.