close
MENU
Economics
4 mins to read

Economists raise chances of 5% OCR in inflation fight

Tuesday's inflation data was hotter than expected – where’s it all heading?

Westpac senior economist Satish Ranchhod speaks with Jonathan Mitchell.

Economists have upped the official cash rate stakes and raised the possibility of it hitting 5% next year to cool unruly inflation.

Stats NZ data out today showed annual inflation at 7.2% in the year ended September, a smidge below the 7.3% recorded in the previous data – which was a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

NZ$399.00 / yearly

Offer ends July 31st

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Tue, 18 Oct 2022
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Economists raise chances of 5% OCR in inflation fight
Economics,
96206
true