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New Zealand's Economy Recovers: Interest Rates Stable, Confidence Up

11/29/2025

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Story summary
  • The Reserve Bank of New Zealand (RBNZ) says the economy is recovering after the end of Covid stimulus in 2021.
  • The RBNZ expects interest rates to remain stable for the next year.
  • The ANZ Roy Morgan survey shows consumer confidence rose six points in November, the highest since June.
  • Retail spending rose 1.9% in the September quarter, beating forecasts.