Travel costs are keeping inflation higher for longer than the Reserve Bank would probably like. 

Stats NZ is providing its latest CPI update at 10.45. 

Three months ago, the annual inflation rate was 3% - at the very top end of the Reserve Bank's target range. 

Economists expect it now to be between 2.9 and 3.1%. 

Economist Cameron Bagrie told Andrew Dickens inflation is looking to be a little bit sticky towards the top end of the target zone. 

LISTEN ABOVE 

Travel costs are keeping inflation higher for longer than the Reserve Bank would probably like.&nbsp;
Stats NZ is providing its latest CPI update at 10.45.&nbsp;
Three months ago, the annual inflation rate was 3% - at the very top end of the Reserve Bank's target range.&nbsp;
Economists expect it now to be between 2.9 and 3.1%.&nbsp;
Economist Cameron Bagrie told Andrew Dickens inflation is looking to be a little bit sticky towards the top end of the target zone.&nbsp;
LISTEN ABOVE&nbsp;

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 the inflation rate ahead of the CPI update

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/908ad86c-1cc1-4064-bccc-b3da016651ae/transcript