Weaker kiwi dollar, rising oil prices are feeding inflation
Bulls or bears, economists still agree inflation remains benign.
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Economists are forecasting the annual pace of inflation picked up to anywhere between 1.2% and 1.7% in the June quarter, reflecting rising oil prices and the weaker New Zealand dollar feeding through into higher import prices.
That’s up from the 1.1% annual rate in the March quarter and
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Jenny Ruth
Mon, 16 Jul 2018
Mon, 16 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Weaker kiwi dollar, rising oil prices are feeding inflation
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