New Zealand Finance Minister on Iran war: Inflation could hit 7.4% (worst case scenario)
New Zealand Finance Minister on Iran war:
- Treasury forecasts inflation could hit 7.4% in 25/26 under worst case scenario
- Treasury forecasts real GDP growth at 0.8% in 2025–26 under worst case scenario
- Treasury forecasts unemployment at 5.7% in 2025/26 under worst case scenario of oil at $180/barrel
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