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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Transport costs contribute to inflation spike in September quarter

Excluding petrol, inflation remains well below target.

Jenny Ruth
Tue, 16 Oct 2018

Inflation spiked higher than expected in the September quarter, driven by rising transport costs, council rates and higher home ownership costs.

The Consumers Price Index jumped 0.9% in the quarter, well above economists' forecasts of 0.6% to 0.8% and also above the Reserve Bank's 0.4% forecast

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Jenny Ruth
Tue, 16 Oct 2018
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Transport costs contribute to inflation spike in September quarter
General Business,
76840
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