Euphoria in bank economists predicting inflation-related OCR drop
ANALYSIS: But... for households, inflation might matter more than GDP.
WATCH: NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.
Here is news we don’t often get: inflation is slowing down faster than expected. The latest Consumer Price Index (CPI) release shows annual inflation has fallen from 4% to 3.3%. The Reserve Bank (RBNZ) had hoped for inflation to fall to 3.6%, and most banks predicted a number around 3.5%, so what
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