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Economy in recovery mode for 2026 - ASB Bank

Lower interest rates, exports, tourism, consumers drive growth

Growth forecast to average 2-3 pct over next couple of years

Inflation back at 2 pct target mid-2026, unemployment above 5 pct all year

Official cash rate starts rising end of 2026.

ASB Bank has raised a flag of confidence over the economic outlook for next year, driven by a mix of lower interest rates, solid e

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