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List of tables 1 Summary of medium term prospects
List of figures 1 Components of real GDP
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Annual average percent Annual percent change Auckland Auckland region Australia average percent change building CD CD CD CM CM CM competitiveness construction continue Contribution to GDP current account deficit Dairy debt decline demand disposable income domestic ease employees exchange rate expected expenditure export growth fabricated metals fall Figure fiscal forecast period GDP growth grow higher house prices household impact imports increase industry interest rates Intermediate consumption investment June Sept Dec levels long term lower M.ch June Sept manufactured exports March medium term million monetary conditions monetary policy National Business Review NZIER estimates Operating surplus outlook output prices pressures private consumption production quarter Quarterly Predictions recent reflects Reserve Bank residential retail sales rise short term slowing Source spending Statistics New Zealand Table target band tax cuts trading partners underlying inflation volume growth Zealand dollar