Today's CPI update shows inflation holding steady at 7.2 percent, undercutting earlier predictions.

The markets have noticed that the figures were lower than predicted, leading to interest rates moving lower following the announcement.

Milford Asset Management's Katlyn Parker says that at the end of the day, inflation is still running too high and if the CPI figures stay elevated for a long enough time frame, price increases will still be an issue.

LISTEN ABOVE

Today's CPI update shows inflation holding steady at 7.2 percent, undercutting earlier predictions.
The markets have noticed that the figures were lower than predicted, leading to interest rates moving lower following the announcement.
Milford Asset Management's Katlyn Parker says that at the end of the day, inflation is still running too high and if the CPI figures stay elevated for a long enough time frame, price increases will still be an issue.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.