Banks are picking inflation to continue falling.

ASB is expecting today's figures to show annual inflation falling to 4.1%, the lowest since June 2021. 

ASB Chief Economist Nick Tuffley told Mike Hosking that things like rates, rents, and insurance are going the wrong way.

But, he says, it's still likely to drop because we aren't spending as much on durables, so some of those behavioural impacts should come through.

LISTEN ABOVE

Banks are picking inflation to continue falling. 
ASB is expecting today's figures to show annual inflation falling to 4.1%, the lowest since June 2021.  
ASB Chief Economist Nick Tuffley told Mike Hosking that things like rates, rents, and insurance are going the wrong way. 
But, he says, it's still likely to drop because we aren't spending as much on durables, so some of those behavioural impacts should come through. 
LISTEN ABOVE

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition, hosted by Kate Hawkesby on Newstalk ZB.

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