After three years of tough times, the NZ economy is finally showing a solid growth upswing with GDP growth predicted to pick up from a weak 0.4% in 2025 to 2.5% by the end of 2026. The outlook for key export commodities is also very positive. However global core inflation remains above central banks targets and growing geo-political uncertainly will also add pressure on interest rates. Before we try to predict what might happen in the future we need to understand what factors