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Liam Dann: NZ Herald Business Editor on the inflation rate rising to 2.5%

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Manage episode 477454955 series 3391555
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Inflation is officially on the rise again.

The latest Stats NZ figures show the Consumers Price Index rose 2.5% in the year to March – up from a 2.2% rise in the year to December.

The numbers cover the 12 months to March 31, and don't reflect the impact of Donald Trump's new tariffs and other new trade barriers.

NZ Herald Business Editor Liam Dann told John MacDonald that despite the increase, economists are reasonably confident the Reserve Bank will be able to continue cutting interest rates.

He says the economy is very slow, so they’re expecting non-tradable inflation to continue going down.

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See omnystudio.com/listener for privacy information.

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1536 episodes

Artwork
iconShare
 
Manage episode 477454955 series 3391555
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Inflation is officially on the rise again.

The latest Stats NZ figures show the Consumers Price Index rose 2.5% in the year to March – up from a 2.2% rise in the year to December.

The numbers cover the 12 months to March 31, and don't reflect the impact of Donald Trump's new tariffs and other new trade barriers.

NZ Herald Business Editor Liam Dann told John MacDonald that despite the increase, economists are reasonably confident the Reserve Bank will be able to continue cutting interest rates.

He says the economy is very slow, so they’re expecting non-tradable inflation to continue going down.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

1536 episodes

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