Investment Insights (Q3 2023)

New Zealand officially entered a recession of the slimmest of margins in June 2023, due to two consecutive quarters of negative economic growth. Factors causing a decline include weakness in professional business services, following a series of devastating weather events earlier in the year.


Mercer’s Investment Portfolio Manager James Wilson shares insights from Mercer’s global network of investment experts covering:

  • The outlook for local markets as New Zealand entered a recession in June 2023.
  • The official cash rate increase and what it means for Kiwi investors.
  • Key trends we are likely to see in quarter three.
This information has been prepared by Mercer (N.Z.) Limited for general information only. The information does not take into account your personal objectives, financial situation or needs.

3 August 2023