An economist says digging into today's inflation figures will reveal the real picture.

Stats NZ is releasing Consumers Price Index figures later this morning, comparing prices between April and June against the same period last year.

Economists expect it surge to somewhere around 4%.

Independent Economist Cameron Bagrie told Ryan Bridge he's more interested in core inflation, which strips out food and energy.

He says it's been stubbornly stuck on 2.5% and the Reserve Bank will want that lower. 

LISTEN ABOVE

An economist says digging into today's inflation figures will reveal the real picture.
Stats NZ is releasing Consumers Price Index figures later this morning, comparing prices between April and June against the same period last year.
Economists expect it surge to somewhere around 4%.
Independent Economist Cameron Bagrie told Ryan Bridge he's more interested in core inflation, which strips out food and energy.
He says it's been stubbornly stuck on 2.5% and the Reserve Bank will want that lower.&nbsp;
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Cameron Bagrie: Independent Economist on inflation figures out today

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7b3c53ce-6646-4f04-94cb-b48d0131c4cc/transcript