Weaker kiwi dollar, rising oil prices are feeding inflation
Bulls or bears, economists still agree inflation remains benign.
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
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Weaker kiwi dollar, rising oil prices are feeding inflation
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