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OECD says New Zealand does well but difficulties remain

Wednesday 2nd of February 2022

This is despite significant successes by international standards in recovering from the economic impacts of Covid 19.

The report was written after the first two Covid crises but before the current spread of the Omicron variant.

The OECD report says the strength of the economic recovery at the time of writing is indicated by a fall in unemployment levels. This stands at 3.4% but a new number is due out tomorrow (Wed)

It adds economic growth is forecast to be a significant number, 4.7%, for calendar year 2021.

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