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New Zealand's Treasury Ministry released its Half Year Economic and Fiscal Update on Tuesday. New Zealand's economy is expected to grow at 2.1% in 2015-16, down from the previous estimate of 3.1% rise, and 2.4% in 2016-17, down from the previous estimate of 2.8% increase.
Inflation is expected to be 1.4 in 2015-16 and 2.1% in 2016-17.
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