Rising inflation is hitting low-income households hard, but is expected to spark hikes to the OCR. 

New data -- due out from Stats NZ this morning -- is expected to show inflation has risen to between 2.6 and 2.9 percent in the year to June. 

ANZ Chief Economist Sharon Zollner says households are facing rising energy and food prices. 

She says inflation could surpass three percent in the year to September, but the Reserve Bank isn't likely to change course. 

LISTEN HERE 

 

 

Rising inflation is hitting low-income households hard, but is expected to spark hikes to the OCR.&nbsp;
New data -- due out from Stats NZ this morning -- is expected to show inflation has risen to between 2.6 and 2.9 percent in the year to June.&nbsp;
ANZ Chief Economist Sharon Zollner says households are facing rising energy and food prices.&nbsp;
She says inflation could surpass three percent in the year to September, but the Reserve Bank isn't likely to change course.&nbsp;
LISTEN HERE&nbsp;
&nbsp;
&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sharon Zollner: ANZ Chief Economist on what rising inflation means for OCR

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/deb421f5-d613-4928-9b37-b32001423d23/transcript