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Hot Topic Reporting season
Economics
2 mins to read

Inflation remains stubborn at 7.2%

Economists miss the mark as latest Stats NZ figures show inflation remains near historic highs.

Graphic: Michael Hickmott.

Inflation remains at historic highs – hitting an annual rate of 7.2% in the year to September.

Stats NZ data showed the main drivers were rising costs of construction, rents, and local rates.

It was above market expectations and below the 32-year-high 7.3% recorded in the year ended June, while

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Contact the Writer: jmitchell@nbr.co.nz
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Inflation remains stubborn at 7.2%
Economics,
96200
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