The central bank is widely expected to deliver another 50bps OCR cut later next month.
A fall was expected in the December quarter, but data should not prevent another OCR cut next month.
Fast rate of change could cause discomfort for businesses that planned on a longer timescale than the three-year election cycle, said a report obtained by NBR under the OIA.
Key data indicates a tough end to the year as Government puts spotlight on economic growth.
Food price inflation settled over 2024, with all eyes on quarterly data next week.
Survey of business opinion shows confidence rising last quarter, tapered with the reality of weak demand.
Falling interest rates and a strong US economy is weighing on the kiwi.
WATCH: Leading economists discuss where we’ve been and the year ahead.
ANZ economist Henry Russell tells NBR another 50bps OCR cut is expected in February.
The Finance Minister says high interest rates had squeezed the life out of the economy.