US tariffs are expected to impact our next inflation figures, according to new reports.

The rate increased in the three months to March to 2.5 percent - up from 2.2 percent to December.

Petrol, milk, cheese, eggs have all gone up, alongside a dip in prices for international flights and games.

Infometrics Chief Forecaster Gareth Kiernan says the new tariffs could push inflation down because of weaker demand.

"And we know there will be some cost pressures that do rise because of the changing trade situation. So it's mixed, but the sentiment is pushing towards maybe a little less inflation."

LISTEN ABOVE

US tariffs are expected to impact our next inflation figures, according to new reports.
The rate increased in the three months to March to 2.5 percent - up from 2.2 percent to December.
Petrol, milk, cheese, eggs have all gone up, alongside a dip in prices for international flights and games.
Infometrics Chief Forecaster Gareth Kiernan says the new tariffs could push inflation down because of weaker demand.
"And we know there will be some cost pressures that do rise because of the changing trade situation. So it's mixed, but the sentiment is pushing towards maybe a little less inflation."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Gareth Kiernan: Infometrics Chief Forecaster on what Donald Trump's tariffs could mean for inflation going forward

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6801ebf9-37c0-4d0c-ade1-b2c200631178/transcript