World Bank's raised global trade outlook underpins NZ growth prospects
The World Bank sees global growth hitting 2.9% in 2018 compared with predictions for New Zealand of 3.5%.
Nevil Gibson Tue, 06 Jun 2017
The World Bank is forecasting a rebound in trade growth that will underpin optimistic predictions for the New Zealand economy.
It forecasts global GDP growth will hit 2.9% in 2018, up from 2.7% this year. This compares with an increase in Treasury forecasts for New Zealand of 3.1% (2.9%
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