Avsnitt John Pask: Business NZ Chief Economist on domestically-driven inflation rising while annual inflation eases to 3.7% The Mike Hosking Breakfast Spela Dela
Inflation appears to have become more embedded in the economy. Latest Stats NZ figures show the annual inflation rate's eased to 3.7%, down from 4.1% three months ago. The quarterly inflation rate's eased to 0.7%, but domestically-driven non-tradable inflation has risen due to the annual increase in council rates. Business NZ Chief Economist John Pask told Mike Hosking price rises are becoming more widespread. He says the Reserve Bank will be concerned to see inflation is no longer just about fuel and is becoming more generalised. LISTEN ABOVE See omnystudio.com/listener for privacy information. Rss Apple Podcaster →
