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New Zealand Dollar Outlook Weakens
New Zealand's GDP for Q4 rose
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New Zealand's GDP for Q4 rose by just 0.2% quarter-on-quarter, below both market expectations and those of the Reserve Bank of New Zealand (RBNZ). ANZ Bank forecasts GDP growth of 0.7% year-on-year in 2026, but further deterioration is possible if rising energy prices are compounded by problems with fertilizer supply and increasing fertilizer costs—which now appears highly likely. For New Zealand's agricultural sector, this would be a very significant blow, affecting not only production levels but also exports.The RBNZ will
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Kuvat Raharjo,
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