Inflation expectations soar as consumers monitor trade turmoil
ANZ’s latest measure of consumer confidence shows inflation expectations at highest level since July, 2023.
Illustration: Michael Hickmott.
New Zealand consumers expect inflation to rise further as they monitor the global trade tariff turmoil.
The ANZ-Roy Morgan Consumer Confidence Index rose five points to 98.3 in April. Closely watched inflation expectations soared to 4.7%, the highest since July 2023.
“It may be related to global
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