The lower-than expected 6.7 inflation rate offers some light at the end of the tunnel.

This figure is unlikely to change the current outlook, as economists are still predicting the Reserve Bank will deliver another 25 basis point hike to the OCR next month.

NZ Herald business editor at large Liam Dann says this inflation rate presents good news after months of inflation being worse than expected.

Liam Dann says domestic inflation is still concerningly high, but not as bad as predicted.

LISTEN ABOVE

The lower-than expected 6.7 inflation rate offers some light at the end of the tunnel.
This figure is unlikely to change the current outlook, as economists are still predicting the Reserve Bank will deliver another 25 basis point hike to the OCR next month.
NZ Herald business editor at large Liam Dann says this inflation rate presents good news after months of inflation being worse than expected.
Liam Dann says domestic inflation is still concerningly high, but not as bad as predicted.
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.