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Economics
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Inflation indicators remain volatile, downside risks emerge

Food prices jumped 6% in year to November, with a mixed picture for other inflation drivers.

Food prices fell 0.2% when compared with October.

Inflation indicators remain volatile, but downside risks are emerging, as economists ponder the latest monthly release of inflation data.

Stats NZ has released its latest snapshot for November, which showed food prices up 6% compared with a year ago, while falling slightly from October.

It said the

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Jonathan Mitchell Wed, 13 Dec 2023
Contact the Writer: jmitchell@nbr.co.nz
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Inflation indicators remain volatile, downside risks emerge
Economics,
102115
true