Red hot inflation may have reached boiling point
Westpac's Satish Ranchhod tells NBR inflation could be at – or nearing the peak – in this cycle.
Westpac senior economist Satish Ranchhod speaks with Jonathan Mitchell.
Inflation has ballooned to a 32-year high – and commentators are pondering whether the peak in this cycle has been reached.
Stats NZ’s Consumers Price Index reached an annual rate of 7.3% in the year to June, above market expectations, and the highest since mid-1990.
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