The Prime Minister says getting price stability under control, will help grow our GDP.

It fell 0.3 percent in the three months to September, in a worse result than economists had predicted.

Chris Luxon says the previous government pumped money into the domestic economy.

He told Tim Dower in-turn, that's driven domestic inflation, which impacts everyone, as well as the economy.

Luxon says we have to get inflation back under three percent because when we have price stability, people can plan, invest, and they know their mortgages are coming down.



LISTEN ABOVE

The Prime Minister says getting price stability under control, will help grow our GDP.
It fell 0.3 percent in the three months to September, in a worse result than economists had predicted.
Chris Luxon says the previous government pumped money into the domestic economy.
He told Tim Dower in-turn, that's driven domestic inflation, which impacts everyone, as well as the economy.
Luxon says we have to get inflation back under three percent because when we have price stability, people can plan, invest, and they know their mortgages are coming down.
 
LISTEN ABOVE

Don't miss a thing while you're on holiday, with Newstalk ZB Holiday Breakfast. We deliver the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Newstalk ZB Holiday Breakfast. We deliver the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast.

Holiday Breakfast

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast. Tim delivers the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.