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The path ahead for the NZ economy

NZ NewswireNZ Newswire 26/05/2016

TREASURY FORECASTS - WHERE THE ECONOMY'S HEADING

GROSS DOMESTIC PRODUCT:

* 2015 - $243b (actual)

* 2016 - $252b

* 2017 - $261b

* 2018 - $275b

* 2019 - $289b

* 2020 - $301b

CONSUMER PRICE INDEX (INFLATION):

* 2015 - 0.4 per cent (actual)

* 2016 - 0.1 per cent

* 2017 - 1.5 per cent

* 2018 - 2.0 per cent

* 2019 - 1.9 per cent

* 2020 - 2.1 per cent

UNEMPLOYMENT

* 2015 - 5.9 per cent (actual)

* 2016 - 5.6 per cent

* 2017 - 5.6 per cent

* 2018 - 5.1 per cent

* 2019 - 4.6 per cent

* 2020 - 4.6 per cent

CROWN DEBT (as percentage of GDP)

* 2015 - 25.1 per cent (actual)

* 2016 - 24.9 per cent

* 2017 - 25.6 per cent

* 2018 - 25.0 per cent

* 2019 - 23.1 per cent

* 2020 - 20.8 per cent

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