Annual inflation rose to 2.7% in the June quarter, below expectations of just under 3%.
New Zealand’s manufacturing sector has been slow to adopt new technologies.
Selected Price Indexes will help agencies get a better lead on quarterly CPI inflation.
Economists reckon the next move could be up, but not until late February.
Slim chances of a further rate hike next month.
Inflation could fall into the 5-6% bracket next week, but fuel could spoil the celebration.
‘You were on one side or the other. It was pretty hard to sit in the middle’: Alan Bollard on his new book.
Most economists expect the next move to be down, but exactly when is anyone’s guess.
Inflation remains too high, but economic capacity pressures are heading in right direction.
Labour shortages ease ‘significantly’ in latest quarterly survey of business opinion.