Moody’s Forecasts of New Zealand, the real GDP will increase by 3% by 2017, from 2.8% in 2018

Latest news from the rating agency:

  • Outlook for NZ banks stable, supported by strong economic conditions and the quality of the assets
  • Forecasts NZ GDP real increase of 3% in 2017 and 2.8% in 2018
  • Says NZ banks — key to the whole of the asset quality housing loans, which constitute the largest share of banks ‘ total lending, to 56% in July 2017

via Reuters securities

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