New Zealand's economy is shaping up for a solid year

Subdued inflation, led by falling oil prices, will keep interest rates on hold for now but the country is still well placed for growth in 2015.

Consumer prices in New Zealand limped into the New Year as lower oil prices continued to weigh on global inflation trends. But the medium-term drivers of growth remain in place and ensure that the New Zealand economy is well placed for a solid year.

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Callam Pickering

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