Slowing growth, rising costs raise the spectre of stagflation
Is the current business funk becoming self-fulfilling?
BNZ economist Stephen Toplis is raising the question of whether New Zealand’s economy is headed for a bout of stagflation.
That’s when inflation takes off but the economy isn’t growing.
This follows the latest Institute of Economic Research’s quarterly survey of business opinion (QSBO), which
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Jenny Ruth
Wed, 04 Jul 2018
Wed, 04 Jul 2018
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Slowing growth, rising costs raise the spectre of stagflation
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