Annual inflation has risen to a 15-month high of 3%. 

Economists had been expecting inflation to reach or surpass the 3% upper limit of the Reserve Bank's target band. 

The central bank's expected to look past this current spike when it reviews the OCR next month. 

New Zealand Herald Business Editor-at-large Liam Dann told Kerre Woodham that, “this this drip feeding of the rate cuts means that everybody just waits.”  

LISTEN ABOVE 

Annual inflation has risen to a 15-month high of 3%.&nbsp;
Economists had been expecting inflation to reach or surpass the 3% upper limit of the Reserve Bank's target band.&nbsp;
The central bank's expected to look past this current spike when it reviews the OCR next month.&nbsp;
New Zealand Herald Business Editor-at-large Liam Dann told Kerre Woodham that, “this this drip feeding of the rate cuts means that everybody just waits.” &nbsp;
LISTEN ABOVE&nbsp;

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Liam Dann: New Zealand Herald Business Editor-at-large discusses annual inflation peak

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/89a2ef6c-d6c4-475d-92e6-b37c000e78be/transcript

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