Our economy could take a knock, with volatility in the global trade environment.  

Infometrics has revised its GDP forecast for next year from 2.6% to 1.0% per annum, in anticipation of reduced exports stemming from Donald Trump's tariff policy. 

The annual inflation rate is expected to have risen from 2.2% to about 2.4%. 

ASB Chief Economist Nick Tuffley told Ryan Bridge they’re not too worried about a slight increase in inflation, as the domestic part of inflation should fall substantially this quarter. 

LISTEN ABOVE 

Our economy could take a knock, with volatility in the global trade environment. &nbsp;
Infometrics has revised its GDP forecast for next year from 2.6% to 1.0% per annum, in anticipation of reduced exports stemming from Donald Trump's tariff policy.&nbsp;
The annual inflation rate is expected to have risen from 2.2% to about 2.4%.&nbsp;
ASB Chief Economist Nick Tuffley told Ryan Bridge they’re not too worried about a slight increase in inflation, as the domestic part of inflation should fall substantially this quarter.&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

Nick Tuffley: ASB Chief Economist ahead of the new inflation data

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fe65ac08-f764-42f9-a6b1-b2c1016495bf/transcript