Inflation's cooling in many corners of the economy, but not headline inflation.

Latest Stats NZ figures suggest core inflation and domestically-driven non-tradeable inflation are trending downwards.

But annual inflation has risen to 2.7 percent, up from 2.5 three months ago.

NZ Herald business editor at large Liam Dann says these figures will provide relief for the Reserve Bank, as they work on getting the OCR down.

LISTEN ABOVE

Inflation's cooling in many corners of the economy, but not headline inflation.
Latest Stats NZ figures suggest core inflation and domestically-driven non-tradeable inflation are trending downwards.
But annual inflation has risen to 2.7 percent, up from 2.5 three months ago.
NZ Herald business editor at large Liam Dann says these figures will provide relief for the Reserve Bank, as they work on getting the OCR down.
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.

Best of Business

Liam Dann: NZ Herald business editor at large on the CPI rising to 2.7 percent in June

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/abd7f510-cf66-4920-93f7-b321003bbacb/transcript