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New Zealand's economy forecast to improve by 2025, driven by regional growth in dairy.
New Zealand's economy is predicted to improve by 2025, with regional areas leading the recovery due to favorable conditions in the dairy sector.
Despite low interest rates expected to boost economic activity, unemployment may rise to about 5% by mid-2025.
Though the groundwork for improvement is set, the recovery will start from a low point and could face uncertainties.
Regional economies, particularly benefiting from strong milk prices, are expected to drive the initial growth.
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Se prevé que la economía de Nueva Zelandia mejorará para 2025, impulsada por el crecimiento regional de los productos lácteos.