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Deflation double: inflation dips towards zero

Price inflation is negative for the second quarter in a row.
 
To hear more from Rob Hosking on the political and economic week ahead tune into NBR Radio, and on-demand on MyNBR Radio.

Rob Hosking
 Mon, 20 Apr 2015

Price inflation is negative for the second quarter in a row.

The last time this happened was in 1998-99 - when the economy was still struggling out of recession following the Asian Crisis.

This time, New Zealand has strong economic growth coupled with near zero annual price inflation, something

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Rob Hosking
 Mon, 20 Apr 2015
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Tags
Economy inflation consumers price index CPI Reserve Bank deflation house prices Housing tobacco taxes New Zealand dollar

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