IMF Staff Country Reports

New Zealand: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for New Zealand

May 26, 2025

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Format: Chicago

International Monetary Fund. Asia and Pacific Dept "New Zealand: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for New Zealand", IMF Staff Country Reports 2025, 114 (2025), accessed May 28, 2025, https://doi.org/10.5089/9798229011570.002

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Summary

Tight monetary policy has helped bring inflation back to target after a prolonged period of elevated price pressures, but at the expense of growth. A nascent recovery is underway as monetary policy is easing again. House prices have stabilized, and financial sector risks are contained. The current juncture presents an opportunity for a bold reform agenda to address medium- and long-term challenges stemming from an aging population and weak productivity growth.

Subject: Aging, Balance of payments, Current account deficits, Financial sector policy and analysis, Financial sector stability, Housing, Inflation, Infrastructure, Labor, Labor markets, National accounts, Population and demographics, Prices, Public debt

Keywords: Aging, Current account deficits, Expenditure, Financial sector stability, Housing, Inflation, Infrastructure, Labor markets, Productivity

Publication Details

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