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Economics
5 mins to read

Inflation remains a back pocket thief, more OCR punch next month

Inflation stays at near-30 year high, RBNZ expected to deliver another whopper.

Fisher Funds' senior portfolio manager David McLeish speaks with Jonathan Mitchell.

Inflation remains an unwanted thief in your back pocket, with expectations the official cash rate will now hit 5% next month.

Stats NZ’s consumers price index stayed at 7.2% in the December year, identical to the September result, and a smidge below the 7.3% recorded in June.

The RBNZ’s November

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Contact the Writer: jmitchell@nbr.co.nz
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Inflation remains a back pocket thief, more OCR punch next month
Economics,
97410